Existing law defines a transfer fee as a fee payment requirement imposed in any covenant, restriction, or condition contained in any deed, contract, security instrument, or other document affecting the transfer or sale of real property that requires a fee be paid upon transfer of the real property, with specified exceptions. Existing law, with regard to a transfer fee imposed upon real property on or after January 1, 2008, requires the person or entity imposing the transfer fee, as a condition of payment of the fee, to record a specified document describing the transfer fee concurrently with the instrument creating the transfer fee requirement. Existing law requires these recorded documents to include information on the amount of the fee and actual dollar examples of the fee for a residential property, among other things. Existing law requires a transferor of residential real property subject to transfer fees to make a specified disclosure regarding those fees.
California AB 807 (20152016) — Real estate transfer fees: recorded documents.
Existing law defines a transfer fee as a fee payment requirement imposed in any covenant, restriction, or condition contained in any deed, contract, security instrument, or other document affecting the transfer or sale of real property that requires a fee be paid upon transfer of the real property, with specified exceptions. Existing law, with regard to a transfer fee imposed upon real property on or after January 1, 2008, requires the person or entity imposing the transfer fee, as a condition of payment of the fee, to record a specified document describing the transfer fee concurrently with the instrument creating the transfer fee requirement. Existing law requires these recorded documents to include information on the amount of the fee and actual dollar examples of the fee for a residential property, among other things. Existing law requires a transferor of residential real property subject to transfer fees to make a specified disclosure regarding those fees.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
3rd Reading AB807 Mark Stone By Wieckowski — 40–0 (pass) · upper
Do pass as amended — 7–0 (pass) · upper
AB 807 STONE Concurrence in Senate Amendments — 78–0 (pass) · lower
AB 807 STONE Consent Calendar Second Day — 79–0 (pass) · lower
Do pass. To Consent Calendar. — 10–0 (pass) · lower
Sponsors
Mark Stone — primary (person)
Gatto — principal coauthor (person)
Timeline
The legislative action history — every referral, reading, and vote.
2015-02-26 Read first time. To print. reading-1
2015-02-27 From printer. May be heard in committee March 29.
2015-03-12 Referred to Com. on JUD. referral-committee
2015-04-08 From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended. reading-2, amendment-introduction, amendment-passage, reading-1
2015-04-09 Re-referred to Com. on JUD. referral-committee
2015-04-15 In committee: Hearing postponed by committee.
2015-05-05 From committee: Do pass. To Consent Calendar. (Ayes 10. Noes 0.) (May 5). committee-passage-favorable, committee-passage
2015-05-06 Read second time. Ordered to Consent Calendar. reading-2, reading-1
2015-05-11 Read third time. Passed. Ordered to the Senate. (Ayes 79. Noes 0. Page 1389.) reading-3, passage, reading-1
2015-05-11 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2015-05-21 Referred to Com. on JUD. referral-committee
2015-06-15 From committee: Amend, and do pass as amended. (Ayes 7. Noes 0.) (June 9). amendment-introduction, committee-passage, amendment-passage
2015-06-16 Read second time and amended. Ordered to third reading. amendment-passage, reading-2, reading-1
2015-06-17 Ordered to special consent calendar.
2015-06-18 Ordered to third reading.
2015-09-03 Read third time and amended. Ordered to second reading. reading-3, amendment-passage, reading-1
2015-09-04 Read second time. Ordered to third reading. reading-2, reading-1
2015-09-08 Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 2591.). reading-3, passage, reading-1
2015-09-08 In Assembly. Concurrence in Senate amendments pending. May be considered on or after September 10 pursuant to Assembly Rule 77.
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