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Many persons feel that buying and selling real estate is a very tedious and stressful exercise. That is because they may have had a bad experience or you know of someone who did. While dealing with Real Estate is not exactly like other commodities, this process can be easy and exciting if you have the assistance of a professional and experienced Real Estat...
Below are the guidance notes on the costs schedules of the Vendors and Purchasers in a property sales transaction and are subject to variances in legal fees between attorneys acting for each party. Stamp duty: 3% of sale price (vendor and purchaser pay 1/2 each) Registration: 0.50% Transfer Tax: 4.00% of sale price (vendor pays solely) Legal cos...
Are Realtors certified by some organization or the Government? All real estate practitioners i.e. Agents and Brokers/ Dealers must be licensed by the Real Estate Board (under The Real Estate Dealers and Developers Act) which is the government’s licensing and regulatory authority. Please note that not all real estate Agents and Brokers are Realtors. A...