SELLER CLOSING COST IN LOS ANGELES
Discover the key aspects of closing costs for home sellers in Los Angeles, including standard fees, pre-sale inspection considerations, city and county transfer taxes, retrofitting requirements, and the impact of recent measures like Measure GS and ULA. Our guide provides insights into the costs and steps involved in selling your property in LA, whether it's a home, multi-unit building, or commercial space
Understanding the Impact of Measure ULA Mansion Tax on Luxury Real Estate in LA
ULA, the mansion tax, is a progressive tax imposed on luxury real estate transactions in Los Angeles. The tax revenue aims to support affordable housing and homelessness prevention in the city. With exemptions for various cities in LA County, Measure ULA focuses on properties within the City of Los Angeles.