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- If you upload a Legal Description, will you use Exhibit A or Exhibit 1?
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- Computed on Value. Complete this even if you do not owe Documentary Transfer Tax. Generally your Documentary Transfer Tax is calculated based on the value of the property you are purchasing, but in situations where you are taking over a foreclosed home, you may be able to subtract existing mortgages and liens from this value.
- Declaration of Exemption from Gov't Code § 27388.1 Fee (Building Homes and Jobs Act)This is a $75 fee that applies when Documentary Transfer Tax does not. It raises money for affordable housing programs. There are a few exemptions from this fee. Any document that pays Documentary Transfer Tax is exempt.In many cases without DTT, no exemption will apply to your transaction, but if one does, select it here. Not all transactions will qualify.
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Format: (000) 000-0000.
- Will the Mailing Address for Future Tax Statements be the same as the property address?
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Format: (000) 000-0000.
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- Should be Empty: