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1972 – Over 45 years of service to the commercial industrial retail real estate industry – 2018.

DOCUMENTARY TRANSFER TAX BILL

November 22, 2013

Defeated a bill that had the potential to add a massive fee to real estate transactions. AB 561 (Ting-D) sought to allow counties and/or cities to impose an additional fee on commercial, industrial and residential rental property by adopting the “change in ownership” definition from property tax law for purposes of determining whether a documentary transfer tax is due.

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