Page 20 - California Home Buyers Handbook
P. 20

A Guide to CA Closing Costs




        County         Escrow           Title Fees     Documentary                   City Transfer Tax
                                                       Transfer Tax
                       Charges       Owner’s Policy     $1.10 per $1,000             Amount per $1,000
                                                       or $0.55 per $500
                                                                    Buyer-Seller 50%          Berkeley
                                                                    Albany = $11.50 *$15.00   up to $1,500,000 = $15.00
      Alameda       Buyer Pays        Buyer Pays        Seller Pays  Alameda = $12.00         $1,500,001 or more = $25.00
                                                                                              Oakland
                                                                    Emeryville = $12.00
                                                                    Hayward = $8.50           up to $300,000 = $10.00
                                                                                              $300,001 to $ 2,000,000 = $15.00
                                                                    Piedmont = $13.00         $2,000,001 to $ 5,000,000 = $17.50
                                                                    San Leandro = $6.00 **$11.00  $5,000,001 or more = $25.00
      Colusa        Buyer - Seller 50%  Buyer - Seller 50%  Seller Pays  None
                                                                                              Richmond
                                                                    Buyer-Seller 50%          up to $999,999.99 = $7.00
      Contra Costa  Buyer Pays        Buyer Pays        Seller Pays  El Cerrito = $12.00      $1,000,000 to $ 3,000,000 = $12.50
                                                                                              $3,000,001 to $ 10,000,000 = $25.00
                                                                                              $10,000,001 or more = $30.00
      El Dorado     Buyer - Seller 50%  Buyer - Seller 50%  Seller Pays  None
      Fresno        Buyer - Seller 50%  Seller Pays     Seller Pays  None
      Glenn         Buyer - Seller 50%  Buyer - Seller 50%  Seller Pays  None
      Kern          Buyer - Seller 50%  Seller Pays     Seller Pays  None
      Los Angeles   Buyer - Seller 50%  Seller Pays     Seller Pays  Transfer Tax varies by city. Please access the LA County Recorders site at
                                                                    www.lavote.net/home/records/property-document-recording/documentary-transfer-taxes/general-info
                                                                    or contact your Old Republic Escrow O cer for more details.
      Marin         Buyer Pays        Buyer Pays        Seller Pays  Seller Pays $2.00 in city of San Rafael
      Merced        Buyer - Seller 50%  Buyer - Seller 50%  Seller Pays  None
      Monterey      Buyer - Seller 50%  Seller Pays     Seller Pays  None
      Napa          Buyer Pays        Buyer Pays        Seller Pays  None
      Orange        Buyer - Seller 50%  Seller Pays     Seller Pays  None
      Placer        Buyer - Seller 50%  Seller Pays     Seller Pays  None
      Riverside     Buyer - Seller 50%  Seller Pays     Seller Pays  Seller Pays $1.10 in city of Riverside
      Sacramento    Buyer - Seller 50%  Seller Pays     Seller Pays  Buyer-Seller Pays $2.75 in city of Sacramento
      San Benito    Seller Pays       Seller Pays       Seller Pays  None
      San Bernardino  Buyer - Seller 50%  Seller Pays   Seller Pays  None
      San Diego     Buyer - Seller 50%  Seller Pays     Seller Pays  None
                                                       Included in the  Seller Pays  Through $250,000 = $5.00  $5,000,000 to $9,999,999 = $22.50
      San Francisco  Buyer Pays       Buyer Pays      City Transfer Tax    $250,001 to $999,999 = $6.80  $10,000,000 to $24,999,999 = $27.50 ***$55.00
                                                                         $1,000,000 to $4,999,999 = $7.50  $25,000,000 or more = $30.00***$60.00
      San Joaquin   Buyer - Seller 50%  Buyer - Seller 50%  Seller Pays  None
                                                                    Buyer-Seller 50%  $0.30 in Hillsborough
      San Mateo     Buyer Pays        Buyer Pays        Seller Pays
                                                                    Buyer-Seller 50%  $5.00 in San Mateo
                                                                    San Jose - new rates e ective July 1, 2020   Please keep in mind this tax is in addition to
                                                                    due to the passage of Measure E  the current City transfer tax of $3.30/$1,000
                                                                    Less than $2,000,000 =  Exempt from the new tax  for San Jose
      Santa Clara   Seller Pays       Seller Pays       Seller Pays  $2,000,000 to $5,000,000 = 0.75%
                                                                    $5,000,001 to $10,000,000 =  1.00%
                                                                    $10,000,001 and above = 1.50%
                                                                    Buyer-Seller 50%  Palo Alto = $3.30 Mountain View = $3.30
      Santa Cruz    Buyer - Seller 50%  Buyer - Seller 50%  Seller Pays  None
      Solano        Buyer Pays        Buyer Pays        Seller Pays  Seller Pays $3.30 in city of Vallejo

                                                                    Seller Pays
      Sonoma        Buyer Pays        Buyer Pays        Seller Pays  Santa Rosa $2.00  Petaluma $2.00
      Stanislaus    Buyer - Seller 50%  Seller Pays     Seller Pays  None
                                      except Turlock (50/50)
      Sutter        Seller Pays       Seller Pays       Seller Pays  None
      Ventura       Buyer - Seller 50%  Seller Pays     Seller Pays  None
      Yolo          Buyer - Seller 50%  Buyer - Seller 50%  Seller Pays  None
      Yuba          Seller Pays       Seller Pays       Seller Pays  None
     Contact your local ORT Escrow O cer for the most up-to-date information regarding closing costs in your county.
                                                                                    3/2021 | © 2021 Old Republic Title | ORF-1002 | Old Republic
                                                                NEW RATES APPROVED
                                                                                    Title is providing this information as a free customer service
                                                                                    and makes no warranties or representations as to its accuracy.
                                                             *
                                                             Albany - new rates effective
                                                             Jan. 1, 2021 due to the passage  Old Republic  Title strongly recommends that consumers
                                                             of Measure CC. (from $11.50 to $15.00)  confer with their title insurer as underwriting requirements vary
                                                                                    among companies and further, obtain guidance and advice
                                                             **                     from qualified professionals, including attorneys specializing in
                                                             San Leandro - new rates currently
                                                             effective due to the passage  Real Property,  Trusts and/or  Title Insurance to get more
                                                             of Measure VV. (from $6.00 to $11.00)  detailed, and current, information as to any particular situation
                                                                                    affecting them.
                                                             ***
                                                             San Francisco - new rates effective
                                                             Jan. 1, 2021 due to the passage  All of the closing costs above are allocated between the Buyer
                                                                                    and Seller based on custom only and may be subject to
                                                             of Proposition I.
                                                             $10,000,000 to $24,999,999 = (from $27.50 to $55.00)  negotiation in the sale of Real Property. These closing cost are
                                                             $25,000,000 or more = (from $30.00 to $60.00)  deemed reliable, but are subject to change without notice.
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