Several cities impose their own city real property transfer tax which is included as a part of your non-recurring closing costs. You may have a portion of your transfer tax rebated to you for qualifying seismic work. For information on the Berkeley and Oakland Transfer Tax Rebate Programs, please refer below.
Below is a list of the current transfer tax rates for each city; rates shown below are per thousand dollars of value are:
Alameda County
Alameda $5.40 (increase to $12.00 Dec. 12, 2008)
Albany $11.50
Berkeley $15.00
Hayward $4.50
Oakland $15.00
Piedmont $13.00
San Leandro $6.00
Contra Costa County
Richmond $7.00
San Pablo $7.00
El Cerrito $7.00
This information is current as of December 1, 2008. Please visit the County Assessor’s Office for more information.
Assessors Office for Alameda County
Assessors Office for Contra Costa County
TRANSFER TAX REBATE PROGRAMS
NAVIGATING BERKELEY’S TRANSFER TAX PROGRAM
NAVIGATING OAKLAND’S TRANSFER TAX PROGRAM
A minute in the life of Berkeley Real Estate Agent and Business Coach, Krista Miller. Hold on tight and check back often! The real estate market in the East Bay is movin’ and shakin’ and will surely keep you on your toes…