City of Oakland real estate transfer tax?

May 5th, 2013

Does the city of Oakland have a real estate transfer tax? 

The answer is YES. 

It is equal to 1.5% of the sale price. ($15/ thousand of sale price)  In a typical real estate transaction it is customary for the Seller to pay 50% and the Buyer to pay 50%.  The county of Alameda imposes a transfer tax of $1.10 per thousand and is customarily paid by the Seller.  For more information about the Oakland, Piedmont or Berkeley real estate market please contact Brian directly.


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Brian Santilena is a Realtor and CRS (Certified Residential Specialist) with Pacific Union International Real Estate.  He has been selling homes in Oakland, Piedmont and Berkeley California since 1998.  He is a licensed California contractor and local real estate expert.

 

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