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Transfer Taxes Affordable Housing Real Estate Transactions

Saul Ewing LLP

Philadelphia Increases Realty Transfer Tax Rate to 3.578% Starting July 1, 2025

Saul Ewing LLP on

Effective July 1, 2025, the realty transfer tax rate for properties or acquired real estate companies sold in the City and County of Philadelphia will increase to 3.578%, in addition to the Commonwealth of Pennsylvania realty...more

Levenfeld Pearlstein, LLC

Chicago Moves One Step Closer to Enacting ‘Mansion Tax’ That Would Apply to Residential and Commercial Properties

Chicago mayor Brandon Johnson recently agreed to change the city’s real estate transfer tax by implementing a so-called “mansion tax”– a real estate transfer tax applied to the purchase of property over a certain amount. The...more

Allen Matkins

Sustainable Development and Land Use Update - 1.05.23 #1

Allen Matkins on

California’s Second District Court of Appeal recently affirmed that a shorter 90-day statute of limitations, and not a longer three- or four- year statute of limitations, applies to Political Reform Act (PRA) claims that...more

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