In such cases, the base year value of the previous home may be transferred to the new home so that the new home will not be reassessed to its current fair market value but will be able to retain the old home’s base year value. The buyer pays the recording fees and the seller pays the county transfer tax, escrow fees and title insurance costs. including but not limited to, the implied warranties of merchantability and fitness for a particular purpose. Enter Property Parcel Number (APN): (example: 12345678, 123-45-678, 123-45-678-00) Following is a list of real estate transactions that are exempt from documentary transfer tax under sections 11911-11930 of the Revenue and Taxation (R&T) Code. Transfers of a principal place of residence from grandparents to their grandchildren, but not vice versa (and the transfer of up to $1 million of other real property from grandparents to their grandchildren) provided that: the transfer occurs on or after March 26, 1996; the grandchild(ren)’s parent (grandparent’s child) died on or before the date of transfer; and, a completed application is timely filed with the county assessor's office (, Senior Citizen Over Age 55, Outside County, Senior Citizen Over Age 55, Within County, Proposition 8 Decline in Value Request - Mobile Home, Temporary Decline in Market Value (Proposition 8), Exclusion of New Construction for Disabled Property Owners, Santa Clara County’s Gross Assessed Values Scores a Touchdown, The purchase of a replacement dwelling by a person who is 55 years of age or older, where the replacement dwelling will be that person’s principal place of residence and is equal or lesser in value than the original residence. In Santa Clara County, the custom is that the city transfer tax fee is divided 50-50 between the seller and buyer. You determine that it is subject to the Survey Monument Preservation Fund and that it is subject to county transfer tax of $30.25 and San Jose city conveyance tax of $90.75. FNT Santa Clara County dconetto@fnf.com. Please contact us with your comments or suggestions. Search. Current owner history displayed is available for up to the most current three years only. 13 taxable value is not affected by the transfer 3. The information contained in this web site is for the current owner of record only. The Assessor has developed an on line tool to look up basic information, such as assessed value and assessor's parcel number (APN), for real property in Santa Clara County. Trusted everywhere, every day. View $3.30 per $1,000 of sales price. San Jose $3.30/ $1,000. The established Prop. An exclusion occurs when the assessor does not reassess a property because the property or portions of the property are automatically excluded from reassessment or is eligible to be excluded if the owner properly files a claim. For example, the County Tax for a property sold at $123,456 will be rounded up to $123,500 and multiplied by 0.11%. Disclaimer: County of Santa Clara cannot attest to the accuracy of the information provided by the linked sites. ASSOCIATED DATA ARE PROVIDED WITHOUT WARRANTY OF ANY KIND, either expressed or implied, including but not limited to, the implied warranties of merchantability and fitness for a particular purpose. 5. This site is not designed for the transmission of highly confidential customer, non-public personal information, and should therefore not be used to enter or transmit data such as customer Social Security Numbers or Driver's License Numbers. Split Buyer/Seller: Seller: Santa Clara: 70 West Hedding Street East Wing, 1st Floor San Jose, CA 95110 Map: 408.299.5688. Santa Clara County Transfer Tax Affidavit. When a transaction is exempt, the reason for the exemption must be noted on the document. The replacement residence must be equal to or lesser in value than the original residence. What constitutes a change in ownership? However, Proposition 90 allows for transfers of base-year values but only between the counties of Los Angeles, Orange, San Diego, San Mateo, Alameda, El Dorado, Santa Clara, and Ventura. This chapter shall be known as the "real property transfer tax ordinance of the City of Santa Clara." The proposal will be up for discussion at the Nov. 10 council meeting. The following items are customary charges in Santa Clara County. ... (tax liens, mechanics liens), and abstracts of judgment. Download this file to view the exemptions. P.O. A reasonable effort has been made to ensure the accuracy of the data provided; nevertheless, some information may be out of date or may not be accurate. Transfers of real property to a revocable trust, where the transferor retains the power to revoke the trust or where the trust is created for the benefit of the transferor or the transferor's spouse. The original and replacement residences must generally be located in the same county; however, as of September, 2013, nine counties allow a transfer of the base year value from the original property located in another county to a replacement dwelling located in that county (, The purchase of a replacement property if the original property was taken by governmental action, such as eminent domain or inverse condemnation, The purchase of a new principal residence by a person who is severely disabled (, Transfers of real property between registered domestic partners that occurred between January 1, 2000 and January 1, 2006 (, Transfers of real property between spouses, which include transfers in and out of a trust for the benefit of a spouse, the addition of a spouse on a deed, transfers upon the death of a spouse, and transfers pursuant to a divorce settlement or court order (, Transfers of real property between registered domestic partners that occur on or after January 1, 2006, which include transfers in and out of a trust for the benefit of a partner, the addition of a partner on a deed, transfers upon the death of a partner, and transfers pursuant to a settlement agreement or court order upon termination of the domestic partnership (. 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