To calculate see the link: Transfer Tax | CCSF Office of Assessor-Recorder (sfassessor.org)
Transfer tax is a transaction fee imposed on the transfer of land or real property from one person (or entity) to another.
The transfer tax rate is variable, depending on the consideration paid (purchase price) OR the fair market value, as shown in the chart below.
|
If entire value or consideration is ... |
Tax rate for entire value or consideration is ... |
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More than $100 but less than or equal to $250,000 |
$2.50 for each $500 or portion thereof |
|
More than $250,000 but less than $1,000,000 |
$3.40 for each $500 or portion thereof |
|
$1,000,000 or more but less than $5,000,000 |
$3.75 for each $500 or portion thereof |
|
$5,000,000 or more but less than $10,000,000 |
$11.25 for each $500 or portion thereof |
|
$10,000,000 or more but less than $25,000,000 |
$27.50 for each $500 or portion thereof |
|
$25,000,000 or more |
$30.00 for each $500 or portion thereof |
Transfer taxes are also imposed on leaseholds with a term of 35 years or more, and transfers involving legal entities that own real property in San Francisco. The authority to collect transfer taxes and list of documentary transfer tax exemptions are codified in Article 12C of the San Francisco Business and Tax Regulations Code.