San Francisco Real Estate Transfer Tax Rates, Proposition N (November 2008)

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The San Francisco Changing Real Property Transfer Tax Rates Act, or Proposition N, was on the November 4, 2008 ballot in San Francisco for voters in the City of San Francisco.

Proposition N was approved with 68.56% of the vote.

Ballot language

The language on the ballot said:

Shall the City increase its transfer tax on sales of real estate worth more than $5 million to 1.5% and reduce the tax by up to 1/3 on sales of residences where the seller installed solar energy systems or made seismic safety improvements?

External links