Transfer Tax Affidavit (San Francisco)

TRANSFER TAX AFFIDAVIT. This form is used in San Francisco for real estate transactions to report and calculate the transfer tax owed under Article 12-C of the San Francisco Business and Tax Regulations Code. It ensures compliance with tax regulations when property ownership changes, whether through sale, foreclosure, lease, gift, inheritance, or other transfers. The form gathers information about the property, parties involved, and the nature of the transfer to determine if transfer tax is due, the applicable tax rate, and the amount to be paid. It also identifies exemptions or special cases, such as proportional ownership transfers, affordable housing provisions, or gifts without consideration. The filer declares the information under penalty of perjury, and the tax amount is calculated based on the property's value or consideration exchanged. www.FormsWorkflow.com