"Notary fees"

Forecast your costs

"Notary fees"

Forecast your costs

PRUD’HOMME & BAUM OFFERS YOU TWO CALCULATION TOOLS DESIGNED BY THE PARIS CHAMBER OF NOTARIES. THEY ALLOW YOU TO CALCULATE THE FEES FOR A PURCHASE AND RELEASE FROM MORTGAGES ETC.

 

How are notary fees calculated?

The example of a real estate sale with a value of €500,000, the amount of fees is calculated as follows:

  • Emoluments (Fees): The proportional rate is 0.814% of the value of the transaction, i.e. Émolument excluding tax of €4,487, to which VAT is added at a rate of 20%, making a total of approximately €5,500 inclusive of taxes.- Costs: For the purpose of the example we shall take a flat rate of €1,000.- Taxes and duties: The sale of a building is subject to registration duties at a rate of 5.8% of the value of the transaction, to which is added a further contribution de sécurité immobilière [French property transaction formalities fee] at a rate of 0.1%, making a total amount for taxes and duties to be paid of roughly €29,500.

All of the notary fees that you would need to pay for this real estate sale can be represented as follows:

  • Payment for the notary
  • Taxes and duties paid to the State
  • Costs paid to third parties

Ask your notary for a provisional statement of fees. Only they will be able to give you exact information and detailed explanations.  Calculate your notary fees using the simulator offered by the Firm.

Prud’homme & Baum, notaries in a Partnership, Paris,
advises and guides you every step of the way.