California | Real Estate Law
4/25/11, 6:06 pm
Legal Question
You guys are great!
I was looking at two property deeds. One deed is a grant deed (GIFT). It says there is no documentary transfer tax due. No consideration. This is a gift. It reads that it costs $20.00 for a recording fee.
The other deed is a grant deed. It was to go into a Trust. There is no documentary tax due on this one either, but it shows the recording fee is only $10.00. Why does the gift deed cost $20.00 to record and the other deed cost only $10.00?
Does it cost extra to record a deed if there are two people on the same deed? Thank you for your expertise.
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