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Transfer Fee

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1 Transfer Fee on Thu Mar 23, 2017 8:09 pm


Arresto Menor
Can anyone here confirm to me if the TCP of a property example a house already includes the Transfer Fees of the title. Who will pay for that, the buyer or the seller/developer?

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2 Re: Transfer Fee on Fri Mar 24, 2017 12:52 am


Arresto Mayor
i asking the same thing. i have a foreclosure and bank is telling me to pay it.

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3 Re: Transfer Fee on Fri Mar 24, 2017 8:45 am


Arresto Menor
I was just thinking that the transfer fee is already included on the total contract price that we already paid. It should be but Im just a commoner no expert with this kind of things.

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4 Re: Transfer Fee on Fri Mar 24, 2017 1:25 pm


Reclusion Perpetua
It negotible, but normaly the seller pay the CAPITAL GAIN tax,
but the buyer pay other things a for instance the Title transfer.

LOCK UP! Some depts as unpaid PROPERTY tax and electricity follow the PROPERTY UNDEPENDING of  who is owner so make sure such are paid during the sell process.

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