Transfer or registration fees represent taxes owed to the State and local authorities by the buyer of a property. It is the notary who perceives them and is responsible for distributing them to these institutions. By extension they are improperly called "notary fees" which also include, emoluments and disbursements.
How are transfer rates calculated?
Transfer duties are due upon signature of a deed of sale and are mandatory upon each change of ownership of real estate. These are transfer fees for valuable consideration or DMTO.
Transfer rights include 3 types of taxes.
- Those that are donated to the municipality.
- Those due to the department.
- The one that comes back to the state
The transfer duties are expressed in percentages, they depend first of all on the nature of the good.
- New housing (under 5 years old)
- Old (over 5 years old)
- Building land for a home for individuals
To know. New housing is not affected by transfer taxes. The buyer pays only the notary fees and the payment of the property tax. This is only valid if the building is less than 5 years old.
Calculation of transfer rights
The transfer fees have increased since 2014, an increase applied since 2015. In fact, in 2014 each French department was free to increase the percentage of the tax that is due to it.
- He spent on average 3,80 à 4,50% across all departments, an increase of 18.42%.
- The additional fee for the benefit of the municipality or a departmental equalization fund has been set at 1,20% on average.
- The expenses of plate and of recovery of the registration fee, who come back to the state were fixed at 2,37%. This deduction is made on the basis of the departmental tax whose rate has been raised. Which mechanically drives up the share that goes to the state.
In summary, transfer fees increased by 0.7 points
representative: 14, 08%.
In conclusion, since 2014, transfer duties have increased from 5.08 to 5. 80%. Notary fees, transfer taxes, emoluments and disbursements therefore represent today between 7 and 8% of the selling price of a property.
With the Macron law, which came into effect on May 1, 2016, the emoluments of notaries decreased by 1.4%.