Transfer of Property第 100 / 120 题
The documentary transfer tax in California is generally calculated on the:
a.Assessed value
b.Loan amount
c.Appraised value
d.Consideration paid, less any assumed liens
解析
The documentary transfer tax is based on the consideration or value of the property conveyed, excluding the value of any liens the buyer assumes. Counties impose the base rate, and some cities add their own transfer tax. It is typically paid at closing through escrow.
法律依据: CA Revenue and Taxation Code免费刷完整 120 道题库 — 无需注册。
同考点相关题目
- California's documentary transfer tax is $0.55 per $500 of value. On a $600,000 sale with no assumed loan, the county transfer tax is:
- A deed in which the grantor makes the fullest express warranties, defending title against all claims, is a:
- The recorded history of successive owners and conveyances of a parcel is called the:
- A preliminary title report issued before closing primarily:
- A valid escrow generally requires a binding contract between the parties and:
- Before a deed can be recorded, the grantor's signature usually must be: