You're lucky. The fees for small land areas went down considerably quite recently. The minimum amount of tax used to be quite high.We are purchasing a small piece of land less than an acre for the sum off 350.00 euro's , however the notaire is charging 250 euros for her fee's this seems to be very high. Any comments welcome
It is the purchaser who pays the Notaire, as it is when you buy a home.The shock came as it was the other chap that wanted to sell and we were not advised at any stage as to who was paying the Notaire. Not being sure who has to pay these fee's, I hope they don't get the same sort of bill.
Yes I understand that but it also applies the other way as we have paid nearly double for a piece of land that we gave a good price in the first place. And to add further to the story part of the land we are buying belongs to us in the first place, now there's a mystery.Here's a link you might find useful.www.immobilier.notaires.fr/fr/frais-de-notaire .
Yes the purchaser pays the notaire. If you think about it, with a sale price of only 350€ any alternative way of paying the legal fees would almost result in the seller making a complete loss.
Yes you are right and I asked a local farmer if the fee's were reasonable and he agree's with people here that they are.I suspect that your "mystery" about the land ownership must have something to do with the Cadastre. Basically, what you are paying a notaire for is to do all the formalities involved in updating and changing the record for the land in the Cadastre. We've been trying for years now to buy a piece of land next to our strip of agricultural land. In the Cadastre, the property belongs to a guy born in 1901, so by now, long dead. We ultimately found out that his family refused the inheritance (apparently the old man had significant debts or something) so basically the property is "abandoned" - which seems to imply that the town assumes responsibility for it. There is supposed to be a provision where you can offer 30 years worth of property taxes and it's yours - however the town doesn't bother sending out tax bills for agricultural land because the amounts are too low to bother with. In any event, what you pay the notaire to make sure the paperwork is properly done is probably worth whatever the charges are.