Master Deed For A Condominium In Santa Clara
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Effective for transactions closing after June 30, 2024, the new thresholds for ULA will be $5,150,000 and $10,300,000. Transactions above $5,150,000 but under $10,300,000 will be assessed a 4% tax and transactions $10,300,000 and up will be assessed a 5.5% tax.
Santa Clara County sales tax details The minimum combined 2025 sales tax rate for Santa Clara County, California is 9.13%. This is the total of state, county, and city sales tax rates. The California sales tax rate is currently 6.0%. The Santa Clara County sales tax rate is 0.25%.
It might seem like a long time. But remember good things come to those who wait. The first step isMoreIt might seem like a long time. But remember good things come to those who wait. The first step is to prepare the deed. This involves drafting the document. Getting it notarized.
They provide proof of ownership. Help establish property rights and can be used in legal disputes orMoreThey provide proof of ownership. Help establish property rights and can be used in legal disputes or when selling or refinancing a property. They are like the DNA of Real Estate.
Get to know Peter Aldana, the Assessor-County Clerk-Recorder for the County of Riverside.
The County Administrative Center is located at 4080 Lemon Street in Riverside. Residents can call (951) 955-1000 or 2-1-1 for more information on county services and departments. You can reach out with questions for the county here.
Ownership of a inium unit is evidenced by a inium certificate of title. With respect to real property other than land and inium units, there is no system that is equivalent to the Torrens system for registration under which a document is issued to evidence the owner's title.
The master deed is one of the documents that transfer property to be owned by the inium. It includes a description of the land and buildings, a description of what is the common area and what the individual owners own, a determination of percentage interest, a plot plan, and use restrictions.
Inium is a Latin word that means "Owning property together." That's what it is like when someone buys a condo unit. They have an "interest" in the land beneath the building, but the building's association owns the actual land.
