Property Q&A in 94606>Question Details

Mariodom, Other/Just Looking in 94606

on family property titles transfers, what costs are present?

Asked by Mariodom, 94606 Mon Dec 6, 2010

Parents transfers property title to children. What costs or taxes does the children have to be responsible for in Alameda County?

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3
Hello Mariodom,

If the property is being given to a family member as a gift, there will be no transfer tax. You will have to pay a nominal recording fee. And, if you want a certified copy you have to pay for that to.
0 votes Thank Flag Link Tue Dec 7, 2010
M -

When a property passes through sale the county applies a transfer tax. When a property transfers as a gift or with no value change, many times a transfer tax is not applied. There may be a recording fee, normally $10-35 dollars.

CJ
Web Reference: http://www.TalkToCJ.com
0 votes Thank Flag Link Tue Dec 7, 2010
There are no costs for family property titles transfers.
0 votes Thank Flag Link Mon Dec 6, 2010
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