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.
17