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A '''transfer tax''' is a tax on the passing of title to property from one person (or entity) to another. &nbsp;This kind of tax is typically imposed where there is a legal requirement for registration of the transfer, such as transfers of real estate, shares, or bond.&nbsp;In the United States, the term transfer tax also refers to Estate tax and Gift tax, and may in a broader sense be also applied to capital gains tax, sales tax on goods.<br/> &nbsp; &nbsp;- adapted from Wikipedia: <u>[https://en.wikipedia.org/wiki/Transfer_tax Transfer tax]</u>.&nbsp;

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== California ==

where/how allowed - see Cruz, below.&nbsp;<br/> &nbsp;

== San Francisco ==

[https://ballotpedia.org/San_Francisco,_California,_Real_Estate_Transfer_Tax_Increase,_Proposition_W_(November_2016) San Francisco&nbsp;Real Estate Transfer Tax Increase, Proposition W] (November 2016) was approved.<br/> A yes vote was a vote in favor of increasing the tax on the sale of houses and property from 2 percent to 2.25 percent for properties sold for between $5 million through $10 million, from 2.5 percent to 2.75 percent for properties sold for between $10 million through $25 million, and from 2.5 percent to 3 percent for properties sold for $25 million or more. https://ballotpedia.org/San_Francisco,_California,_Real_Estate_Transfer_Tax_Increase,_Proposition_W_(November_2016).&nbsp;

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San Francisco Real Property Transfer Tax, Proposition N, was on the&nbsp;November 2, 2010 ballot and approved by voters.&nbsp;&nbsp; &nbsp;

*Proposition N increases the tax rate for the sale of real estate valued at more than $5 million: 
*For real estate sales of $5 million to $10 million, the rate will increase from 1.5% to 2.0%. 
*For real estate sales of $10 million or more, the rate will increase from 1.5% to 2.5%. 
*These increases also apply to real estate leases with a term of 35 years or more.<br/> &nbsp; 

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== References ==

*Cruz, Dena M., and Scott Rogers. "[http://www.rutan.com/files/Publication/a6ffb8d9-694d-4faa-8704-6f0868b07764/Presentation/PublicationAttachment/7995c6cd-7ebf-4352-9956-7177327d6e0a/RogersTax%20Article.pdf. A Practical Guide to Transfer Taxes in California."] ''California Real Property Journal'' (State Bar of California), Vol 23 No 2, Spring 2005. [http://www.rutan.com/files/Publication/a6ffb8d9-694d-4faa-8704-6f0868b07764/Presentation/PublicationAttachment/7995c6cd-7ebf-4352-9956-7177327d6e0a/RogersTax%20Article.pdf http://www.rutan.com/files/Publication/a6ffb8d9-694d-4faa-8704-6f0868b07764/Presentation/PublicationAttachment/7995c6cd-7ebf-4352-9956-7177327d6e0a/RogersTax%20Article.pdf].<br/> &nbsp; 
*McDermid, Riley. "San Francisco home values soared $131 billion in 2015." ''SF Business Journal,&nbsp;''Jan 4, 2016.&nbsp;[http://www.bizjournals.com/sanfrancisco/blog/real-estate/2016/01/san-francisco-home-values-zillow.html http://www.bizjournals.com/sanfrancisco/blog/real-estate/2016/01/san-francisco-home-values-zillow.html].<br/> &nbsp; 
*[https://ballotpedia.org/San_Francisco_Real_Property_Transfer_Tax,_Proposition_N_(November_2010) San Francisco Real Property Transfer Tax], Proposition N (November 2010). (on&nbsp;''Ballotpedia).&nbsp;''<br/> &nbsp; 
*[https://ballotpedia.org/San_Francisco,_California,_Real_Estate_Transfer_Tax_Increase,_Proposition_W_(November_2016) San Francisco&nbsp;Real Estate Transfer Tax Increase, Proposition W] (November 2016) (on&nbsp;''Ballotpedia)''.&nbsp;<br/> &nbsp; 
*Twu, Alfred. "[https://groups.google.com/forum/#!topic/SFBArentersfed/0kRrvSdKuYk Debunking 'not enough money to build enough affordable housing.]'" SF Bay Area Renters Federation mailing list, 17 May 2017. [https://groups.google.com/forum/#!topic/SFBArentersfed/0kRrvSdKuYk https://groups.google.com/forum/#!topic/SFBArentersfed/0kRrvSdKuYk].