A575 — Increases threshold from $1 million to $2 million for imposition of certain fees and taxes on certain real property transfers.

A575 — Increases threshold from $1 million to $2 million for imposition of certain fees and taxes on certain real property transfers. · Informed CitizenryAssembly Bill 575 aims to change the amount of a property transaction that triggers certain state-imposed fees and taxes. Currently, these specific fees and taxes are assessed when the value of a r…Open in Informed Citizenry