Affordable Homes and Jobs Act of 2017
Per Government Code 27388.1, starting January 1, 2018, an additional $75 SB2 fee is charged for real estate documents recorded in California.
This fee applies:
- To each document title recorded;
- In addition to other standard recording fees;
- Unless the document is expressly exempt from recording fees under the law.
Common reasons for exemption
Your document may be exempt if is:
- Subject to documentary transfer tax, and the amount paid is shown.
- Recording concurrently with a document that is subject to documentary transfer tax.
- Involving the transfer of a residential dwelling to an owner-occupier.
- Recording at the same time as a document that transfers a residential dwelling to an owner-occupier.
- Not related to real property.
- Executed or recorded by the State of California or a county, city, or other local government agency:
- No exemption declaration is required on the document.
- Executed or recorded by the federal government under the Uniform Federal Lien Registration Act:
- No exemption declaration is required on the document.
- or if the $225 fee cap per transaction has already been reached.
How to claim an exemption
To claim an exemption:
- Include a valid exemption statement on the face of the document,
or - Attach a cover page with the exemption language. This will be an additional fee, and become part of the official record.
If the exemption is not stated, the SB2 fee will apply.