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Notary fees Category: Practical guidelines Chapter: Buying property An extra cost is to be provided for during any real estate transaction The Notary is a key player in your adventure: all funds that concern the purchase of real estate constructed or not, actually pass through his/her hands and he/she is also in charge of collecting the taxes due to the government and local authorities. If you buy an older home (built more than 5 years ago or already sold at least once), what we usually call "Notary fees" will amount to almost 10% of the sale price. They include very different items: The actual payment for the services of this specialist who plays a very important role: he/she drafts the deeds, verifies the transaction is lawful, etc. His/her fees are set by decree and are proportional to the sale price (digressive percentages per price range). VAT at 19.60% is added. You will pay them the day you sign the sales agreement. The "disbursements", that is, amounts paid on behalf of the client: cost of papers, mortgage registrar’s salary, postage expenses, etc. The fees and taxes due to the Treasury. These are essentially registration fees called “duty on transfer for valuable consideration”. They include the commune tax, the department tax, and a "collection cost" equal to 2.5% of the department tax. On a positive note, the purchase of an older home is not subject to VAT. Updated on: 12/06/2008 And on the same subject: Further information : Notary Fees 2008-2012 Appelimmo. All rights reserved For sale by owner real estate