Why It Matters
Transfer taxes can materially change seller net proceeds. Owners should evaluate the possible impact before setting price expectations or negotiating offers.
Transfer Tax Term
Measure ULA explained for Los Angeles apartment owners reviewing sale planning and transfer tax exposure.
By Don Favia · Updated July 3, 2026
Direct Answer
Measure ULA is a City of Los Angeles transfer tax framework that can apply to high-value real estate transfers above applicable thresholds. Apartment owners should confirm current thresholds, rates, jurisdiction, and exemptions with qualified advisors before pricing a sale.
Transfer taxes can materially change seller net proceeds. Owners should evaluate the possible impact before setting price expectations or negotiating offers.