Typical Transaction Costs

Typical Transaction Costs - Purchases from Individuals

* Capital gains tax - 6% of actual sale price. This is usually paid by the seller but in some cases the buyer is obligated to shoulder it. For business properties or titles owned by corporation, however, the percentage goes to 7.5%

* Document stamp tax - 1.5% of the actual sale price. Usually paid by the seller but in some cases the buyer is asked to pay for it.

* Transfer tax - 0.5% of the actual sale price.

* Registration fee - 0.25% of the actual sale price.

Typical Transaction Costs - Purchases from Developers

* Capital gains tax - 10% of actual sale price. This value might be expressed as part of the sale price.

* Document stamp tax - 1.5% of the actual sale price.

* Transfer tax - 0.5% of the actual sale price.

* Registration fee - 0.25% of the actual sale price.