How are escrow costs divided? Escrow costs are usually divided between the buyer and seller according to local county practices in California. Although the cost distribution is negotiable, the current Sonoma County practices are shown in the following table. These practices and tax rates are subject to change. |
| Escrow Charges | Owner's Title Insurance Policy | County Transfer Tax* $/1000 |
City Transfer Tax* $/1000 |
| Buyer pays | Buyer pays | Seller pays $1.10 |
Seller pays Cloverdale - $1.10 |
| * County and City Transfer Tax are additive if the property is in an incorporated city. However, only County Transfer Tax applies if the property is in an unincorporated area of the county. The taxes are based on $/1000 of the property sales price. | |||
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| Coldwell Banker | Phone: (707) 535-8722 |
| 600 Bicentennial Way, Suite 100 | Fax: (707) 527-0617 |
| Santa Rosa, CA 95403 | e-mail: lizmartincb@yahoo.com |
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