Exempt Transactions Under Documentary Transfer Taxes
Some real estate transactions are exempt from the Documentary Transfer Tax under the State Revenue and Taxation Code Section 11902, et seq. A statement, as shown below, must appear on the face of all documents to be recorded that are exempt from the tax. These statements are subject to change; please contact the County Recorder’s Office to confirm that your transaction qualifies for exemption and that the text of your statement is current and accurate.
Conveyance confirming Title in the Grantee
“This conveyance confirms title to the grantee(s) who continues to hold the same interest acquired on Date __________, Document No. _______________, wherein $____________ Documentary Tax was paid, R & T 11911.”
Reconveyance Upon Satisfaction of a Debt
“This is a reconveyance of realty upon satisfaction of a debt, R & T 11921.”
Conveyance in Dissolution of Marriage
“This conveyance is in dissolution of marriage by one spouse to the other, R & T 11927.”
Conveyance to Secure a Debt
“This conveyance is to secure a debt, R & T 11921.”
Conveyances Changing Manner in Which Title is Held
“This conveyance changes manner in which title is held, grantor(s) and grantees(s) remain the same and continue to hold the same proportionate interest, R & T 11911.”
Conveyance Transferring Grantor’s Interest into a Revocable Living Trust
“This conveyance transfers the grantor’s interest into his or her revocable living trust, R & T 11930.”
Conveyances to Establish Sole and Separate Property of a Spouse
“This conveyance establishes sole and separate property of a spouse, R & T 11911.”
Court Ordered Conveyances Not Pursuant to Sale
“This is a court ordered conveyance or decree that is not pursuant to sale, R & T 11911.”
Conveyance to Confirm a Community Property Interest when Property was Purchased with Community Property Funds
“This conveyance confirms a community property interest, which was purchased with community property funds, R & T 11911.”
Conveyances Given For No Value
“This is a bonafide gift and the grantor received nothing in return, R & T 11911.”
Conveyance of an Easement or Oil and Gas Lease Where the Consideration and Value is Less Than $100
“This is a conveyance of an easement (Oil and Gas Lease) and the consideration and value is less than $100, R & T 11911.”
Conveyance to Confirm a Change of Name
“This conveyance confirms a change of name, and the grantor and grantee are the same party, R & T 11911.”
Conveyances From a Trustee Under a Land Contract at the Consummation of the Contract
“This is a conveyance of equitable title from a trustee, under a land contract, to the vendee at the consummation of the contract, R & T 11911.”
Conveyance Where the Liens and Encumbrances Are Equal or More Than the Value of Property, and No Further Consideration is Given
“The value of the property in this conveyance, exclusive of liens and encumbrances is $100 or less, and there is no additional consideration received by the grantor, R & T 11911.”
Conveyances from Individual(s)/Legal Entity(ies) to Individual(s)/Legal Entity(ies) Where the Grantors and Grantees Are comprised of the Same Parties, and Parties Continue to Hold the Same Proportionate Interest [Exception: Dissolution of a Partnership, R & T 11925(b)]
“The grantors and the grantees in this conveyance are comprised of the same parties who continue to hold the same proportionate interests in the property, R & T 11923.”