Get Transfer Tax Information Statement - Solano County

This tax is calculated at the rate of $. 55 for each $500.00 or fractional part thereof, if the purchase price exceeds $100.00. For Solano County there is an additional tax if the property is in the City of Vallejo, it is $1.65 per $500.00 of the purchase price.

The County Transfer Tax is a standard of $1.10 per $1,000 of the sales price throughout the State. However, there are certain cities that also collect their own City Transfer Tax and those differ.

The Documentary Transfer Tax (DTT) imposes a tax on each deed, instrument, or writing by which any lands, tenements, or any other realty sold, shall be granted, transferred, or otherwise conveyed to another person. The State Revenue and Taxation Code 11902 - 11934 governs this tax.

The Documentary Transfer Tax (DTT) imposes a tax on each deed, instrument, or writing by which any lands, tenements, or any other realty sold, shall be granted, transferred, or otherwise conveyed to another person.

Effective March 1, 2023, Measure GS establishes a $56.00 transfer tax per $1,000 of value for property transfers of $8 million or more (an effective tax rate of 5.6%). - A 5.71% rate if the value is $8 million or greater.

The seller of the home is typically responsible for the payment of this tax and it is bundled into the transaction costs called closing costs. Transfer tax is typically $1.10 for every thousand dollars of the purchase price.

California's Revenue and Taxation Codes calls for the payment of a County Documentary Transfer Tax on the value of all real property of which ownership is being transferred. All counties have the same tax amount, which is 0.11% of the value.

This amount—which is often calculated as $1.10 per $1,000 of property value or consideration paid—is reduced by any outstanding mortgage or other encumbrance on the property when it is transferred. In addition to the county rate, cities may impose additional documentary transfer taxes.