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Real Estate/Development,
Corporate,
California Supreme Court

Nov. 27, 2017

Documentary Transfer Taxes aren’t what they used to be

A California Supreme Court decision may not have made the headlines, but it creates a wrinkle that attorneys handling real estate matters -- whether as part of a transaction, litigation or estate planning -- and clients involved in such matters need to know about.LLCs and partnerships have long been preferred entities for holding real estate.

Eric Tetrault

Higgs Fletcher & Mack LLP

Email: tetraulte@higgslaw.com

Eric focuses on transactional real estate, tax, and business matters. Among other matters, he represents clients in the negotiation, documentation, and formation of business entities, including entities formed for real estate investment

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A California Supreme Court decision may not have made the headlines, but it creates a wrinkle that attorneys handling real estate matters -- whether as part of a transaction, litigation or estate planning -- and clients involved in such matters need to know about.

LLCs and partnerships have long been preferred entities for holding real estate. For any number of reasons, the ownership of these entities may change hands. In $95

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