Measure RE Begins April 1st in Culver City

About Measure RE

At the November 3, 2020 election Culver City residents voted to approve Measure RE. Measure RE establishes a marginal tax rate with four brackets, based on sales price or value, for the City's real estate transfer tax effective April 1, 2021. Either the seller or buyer may pay the real estate transfer tax during the real estate transfer or sale. If it is not paid, the seller and buyer are jointly and severally liable to the City for the payment of the tax.