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Transfer of real property: transfer fees.

It became law on Sep 22, 2024.

CA SB 1399 · Senate Bill · 2023–2024

Stage
Became law
Started in
Senate
Sponsor
Henry Stern
Latest action
Sep 22, 2024

What it does

Existing law generally regulates the transfer of real property, including by prohibiting, on or after January 1, 2019, the creation of a transfer fee, except as provided. Existing law defines "transfer fee" to mean, subject to certain exceptions, a fee payment requirement imposed within a covenant, restriction, or condition contained in a deed, contract, security instrument, or other document affecting the transfer or sale of, or any interest in, real property that requires a fee be paid as a result of transfer of the real property.

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Sep 22, 2024

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

It is law in California. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

Transfer of real property: transfer fees. | 52