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News & Press: Sacramento Report

More Information Proposed for Transfer Fee Notices

Tuesday, March 21, 2017  
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Transfer fees created after January 1, 2009 require a specific recorded notice in a single document. The information cannot be incorporated by reference from any other document. Assembly Bill 1139 (Reyes) requires that the notice also to include information describing potential prohibitions on federal financing for property encumbered by a private transfer fee that does not provide a direct benefit to the property.

California Land Title Association


1215 K Street #1816 Sacramento, CA 95814-3905
Email: mail@clta.org  |  Phone: 916-444-2647  |   Fax: 916-444-2851