Land Registry Entry of the Property - High Additional Purchase Costs

  • Erstellt am 2016-10-27 22:12:53

Henrik0817123

2016-10-27 22:12:53
  • #1
Hello,

I bought a plot of land and except for the broker and property tax, which is clear, the statements everywhere were between 1.5 and 2% for notary and land registry office costs, etc...

After receiving a bill of 895 euros today for land registry entry or something like that, I am already at 3.2% of the purchase price with these notary/land registry office additional costs.

I don't understand why this was only accounted for as 2% in the bank's financing plan and the real costs are much higher!?
 

ypg

2016-10-27 22:18:45
  • #2
There is more to come. I don’t understand your surprise. I clearly remember that it was not only me who posted you some links from this forum where the costs are broken down in detail. Regards
 

Legurit

2016-10-27 22:29:14
  • #3
There will certainly be quite a bit that you don't really account for... Measuring in here, squaring off there... might be unsettling at first, but in the end it won't be that extreme after all.
 

Henrik0817123

2016-10-27 22:41:19
  • #4
So surveying is ancillary construction costs, I am exclusively talking about the purchase incidental costs - what else should there be?
 

ypg

2016-10-27 22:49:49
  • #5
real estate transfer tax.... depends on the state, at least about 5%, usually around 6.5%

Edit: 6.5% in NRW
A few states also at 3%

Regards
 

Bauexperte

2016-10-27 22:56:24
  • #6

No, between 2 and 2.5% for notary and court costs.

Rhenish greetings
 

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