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Albany · Buying & selling

Transfer tax in Albany

Albany taxes transfers at 150/100 of 1% of the consideration ($15 per $1,000); seller and buyer are jointly and severally liable.

Key points

  • Transfer tax: Albany taxes transfers at 150/100 of 1% of the consideration ($15 per $1,000); seller and buyer are jointly and severally liable.

Each rule below links to the section of the Albany Municipal Code it was read from, with the code text one click away (checked October 2026). General information, not legal advice.

What Albany's code says

Albany code What Albany's code adds
City transfer tax
  • Yes. The city taxes property transfers.
    § 4-5.2 · code text
    There is hereby imposed a tax levied at the rate of 150/100 of 1% of the value of consideration, effective January 1, 2021, on the following:
Rate
  • 150/100 of 1% of the value of the consideration (the price paid).
    § 4-5.2 · code text
    There is hereby imposed a tax levied at the rate of 150/100 of 1% of the value of consideration, effective January 1, 2021, on the following:
Rate per $1,000
  • $15 for each thousand dollars of value.
    § 4-5.2 · code text
    There is hereby imposed a tax levied at the rate of 150/100 of 1% of the value of consideration, effective January 1, 2021, on the following:
Who pays
  • The people making the transfer and the people receiving it are each fully responsible for the whole tax.
    § 4-5.3 · code text
    Any persons who make a transfer which is subject to tax imposed under this section, and any persons to whom such transfer is made, shall be jointly and severally liable for payment of tax imposed under this section;

The California rule underneath

CA state law Underneath, California law still applies. County documentary transfer tax: A county may tax a sale over $100 at $0.55 for each $500 of value ($1.10 per $1,000), not counting liens that remain on the property (Rev. & Tax. Code § 11911(a)). City share of the tax: A city may impose half the county rate ($0.55 per $1,000); the county then credits the city tax against its own, so the combined standard rate stays $1.10 per $1,000 (Rev. & Tax. Code § 11931). California rules for buying and selling — the full state rule →

Who this affects

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Frequently asked questions

What is the transfer tax when you sell a home in Albany?

Albany taxes transfers at 150/100 of 1% of the consideration ($15 per $1,000); seller and buyer are jointly and severally liable.

General information, not legal advice.

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Ask GoCodebook how Albany's transfer tax rules apply to your situation and get an answer that cites the section.

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