Meeting about Santa Monica’s Proposal to Triple Documentary Transfer Tax Tonight

The City of Santa Monica has put an initiative on the November ballot to TRIPLE the DOCUMENTARY TRANSFER TAX to $9.00/$1,000.00, up from the $3.00/$1,000.00 that is currently assessed.

The BH/GLAAR Public Policy Committee conducted a special meeting today at the Beverly Hills/Greater Los Angeles Association of REALTORS® office to learn about the proposal from Andy Agle, Director of Housing & Economic Development for the City of Santa Monica. We will report the details when they come in.