National City Municipal Code Ch. 4.28 Real Property Transfer Tax

The city levies a tax on each deed, instrument, or writing by which any lands, tenements, or other realty sold within the city shall be or are granted, assigned, transferred or otherwise conveyed to, or vested in, the purchaser or purchasers, or any other person or persons, by his or their direction, when the consideration or value of the interest or property conveyed (exclusive of the value of any lien or encumbrance remaining thereon at the time of sale) exceeds one hundred dollars.

(Ord. 1179 § 1, 1967)

The rate of tax shall be twenty-seven and one half cents for each five hundred dollars or fractional part thereof of the consideration or value given for the interest on property conveyed.

(Ord. 1179 § 2, 1967)

The tax imposed by this chapter shall be paid by the person who makes, signs, or issues any document or instrument subject to the tax, or for whose use or benefit the same is made, signed or issued.

(Ord. 1179 § 3, 1967)

Exemptions from this tax shall be granted under those circumstances enumerated in Sections 11921, 11922, 11923, 11924, 2nd 11925 of the state Revenue and Taxation Code.

(Ord. 1179 § 4, 1967)

The county, its officers and employees are authorized, directed, and requested to collect the tax levied by this chapter and allocate the proceeds thereof pursuant to the provisions of Section 11932 of the state Revenue and Taxation Code.

(Ord. 1179 § 5, 1967)