Real estate Transactions: the role of the notary

They represent, on average, a th of the cost

The notary is responsible for administrative formalities (prior declarations, purging of pre-emption rights.), and the calculation of the amount of the different taxes collected for the account of the Administration

Since January, it establishes the possible declaration of surplus-value real estate and pays the tax to the tax authorities via a levy 'to the source' on the sale price.

To avoid any dispute later, it checks for previously a hundred points of legal and taxation in the preparation of an act of sale of immovable property.

The original of the deed of sale will be retained for years before being paid to the national archives.

the 'Public Treasury': what are the taxes remitted to the State and to local government, or an average of about eight out of of the fee paid by the buyer. the 'disbursements', which include expenses incurred by the notary to get some documents. the 'emoluments' of the notary, that is to say, his remuneration itself. They represent, on average, a th of the cost and are only paid once the file is closed. Good to know: proportional to the amount of capital involved, the amount of fees to notary is regulated by the ministry of Justice, which guarantees an identical amount regardless of the location in the jurisdiction where the transaction takes place.

In (decree and order of the twenty-six-February), the authorities have decreed a general reduction of the tariff of notaries in accordance with the objectives of the act 'Macron' six by August.

for all of the acts charged, the lower fees of the notaries are established to, thirty-three of the acts of sale of real property. for real estate transfers and the formalities accompanying it, the amount of the emoluments of the notary may not exceed ten of the value of the property or of the right which is the subject of the mutation (with a minimum of euros). This measure concerns mainly the sales of real estate of low value land or property located in rural areas, transfer of common areas, cellars, car parks, urban, etc, I want to be able to be recontacted for a free estimate and be informed of all the news, CENTURY, Century twenty and a collection of personal data in order to enable the service to claim best to deal with your request. In accordance with the rules, you have a right of access, rectification, portability, erasure, restriction of processing and opposition to the treatment. These rights may be exercised at the address.