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A-Z of technical terms

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Real estate glossary – A-Z of technical terms

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In addition to the purchase price, further costs are incurred. In specific, these are the notary/court and land register fees, the land transfer tax, and the estate agent's fees. These fees are usually calculated as a percentage of the purchase price (equivalent value) of the property, and can vary between the federal states. In Berlin, the land transfer tax in 2015 was 6% of the purchase price, the notary and land register fees are about 1.5 – max. 2% of the purchase price. You are usually safe if you calculate a maximum of 15% of the purchase price.

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