Can anyone give me a ballpark cost for an attorney to transfer my condo title into my name once I have the existing title, sales contract and other related documents? In theory, I could do it myself, but like residency, I wouldn't dare. Is it a flat fee usually or based on the cost of the condo? Not the actual transfer fees...i know they are 3% of the sales price. Thanks!
- Thread starter judypdr
- Start date
Attorney Fee for Transferring Title
The standard rate is between 1% - 1.5% of the purchase price. I do not recommend doing it yourself since issues may arise during the process with the agencies involved including DGII and Jurisdiccion Inmobiliaria.
Judypdr is correct: The standard rate is between 1% - 1.5% of the purchase price.
However, rates are lower for high-priced transactions and usually there is a minimum fee for very low-priced purchases.
However, rates are lower for high-priced transactions and usually there is a minimum fee for very low-priced purchases.
This is one of those countries where it is best to die owning nothing ..what between the lawyers and the government your beneficiaries will be lucky to see 50% of their bequest on your death . Nearly all my elderly friends have their homes in the names of young family members and have a long term rental agreement ..Of course you may have a falling out with your family but all things being equal sell the property to your family member ,rent it back and relax.