The declaration shall include a statement that the consideration or value on which the tax due was computed was, or that it was not, exclusive of the value of a lien or encumbrance remaining on the interest or property conveyed at the time of sale.
Santa cruz county property tax full#
(B) Every document subject to tax under this chapter which is submitted for recordation shall have on the face of the document a declaration of the amount of tax due, signed by the party determining the tax or their agent, and the Recorder may rely thereon, provided the Recorder has no reason to believe the full amount of the tax due has not been paid. (A) The Recorder shall neither accept nor record any deed, instrument or writing subject to the tax imposed by this chapter unless the tax is paid and the tax roll parcel number has been noted upon said deed, instrument or writing at the time of presentation for recording. 4.04.070 Payment prerequisite to document recordation-Requirements. (4) All moneys which relate to transfers of real property in a city in the County which does not impose a tax on transfers of real property shall be allocated to the County.
Santa cruz county property tax code#
(3) All moneys which relate to transfers of real property located in a city in the County which imposes a tax on transfers of real property not in conformity with Part 6.7 of Division 2 of the Revenue and Taxation Code shall be allocated to the County. (2) All moneys which relate to transfers of real property located in a city in the County which has imposed a tax pursuant to Part 6.7 of Division 2 of the Revenue and Taxation Code shall be allocated one-half to such city and one-half to the County. (1) All moneys which relate to transfer of real property located in the unincorporated territory of the County shall be allocated to the County. The Auditor shall allocate and distribute the taxes on a monthly basis as follows: (B) On or before the fifteenth day of the month, the Recorder shall report to the Auditor the amount of taxes collected during the preceding month pursuant to this chapter and each such city ordinance. (A) The County Recorder shall administer this chapter and shall also administer any ordinance adopted by any city in the County pursuant to Part 6.7 of Division 2 of the Revenue and Taxation Code imposing a tax for which a credit is allowable. 4.04.060 Administration-Distribution of funds. However, no credit shall be allowed for any city tax which is not in conformance with Part 6.7 of Division 2 of the Revenue and Taxation Code. If the legislative body of any city in the County imposes a tax pursuant to Part 6.7 of Division 2 of the Revenue and Taxation Code equal to one-half the amount specified in SCCC 4.04.020, a credit shall be granted against the taxes due under this chapter in the amount of the city’s tax. The exemptions set forth in Chapter 3 of Part 6.7 of Division 2 of the Revenue and Taxation Code (commencing with Section 11921) apply to the tax imposed under this chapter. The tax imposed by SCCC 4.04.020 shall be paid by any person who makes, signs, or issues any document or instrument subject to the tax, or for whose use or benefit the same is made, signed or issued.
There is hereby imposed on each deed, instrument or writing by which any lands, tenements or other realty sold within the County of Santa Cruz shall be granted, assigned, transferred or otherwise conveyed to or vested in the purchaser or purchasers, or any other person or persons by their direction, when the consideration or value of the interest or property conveyed (exclusive of the value of any lien or encumbrances remaining thereon at the time of sale) exceeds $100.00, a tax at the rate of $0.55 for each $500.00 or fractional part thereof. This chapter shall be known as the “real property transfer tax ordinance.” It is adopted pursuant to Part 6.7 of Division 2 of the Revenue and Taxation Code, commencing with Section 11901. 4.04.060 Administration-Distribution of funds.Ĥ.04.070 Payment prerequisite to document recordation-Requirements.Ĥ.04.120 Unlawful acts designated-Penalty-Liability limitations.
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