Taxes and fees incurred in a real estate transaction.

For the account of the Seller:

• Capital Gains Tax – 6% of  Selling Price or Zonal Value or Fair Market Value whichever is higher

For the account of the Buyer:

• Documentary Stamp Tax – 1.5% of Selling Price or Zonal Value whichever is higher
• Transfer Tax – rate depends on location of property (ranging from 0.25% to 0.75% of Selling Price or Zonal Value whichever is higher)
• Registration Fee – graduated rate based on Selling Price
• Realty Taxes -

Note: Government may impose other taxes and fees that are not mentioned above.