Common use of Documentary Transfer Tax Clause in Contracts

Documentary Transfer Tax. Either party shall, at the time of recording the Grant Deed, in accordance with California Revenue and Taxation Code Section 11932, be entitled to require that the amount of the documentary transfer tax due be shown on a separate paper which shall be affixed to the Grant Deed subsequent to recording.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Rae Systems Inc), Purchase and Sale Agreement (Axt Inc), Purchase and Sale Agreement (Axt Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!