Municipal taxes already paid by the seller
School taxes for the current year
Rents for the current month
Transfer duties
The municipality bills them after the sale. They are calculated in brackets on the price.
Adjustments
- Municipal taxes already paid by the seller
- School taxes for the current year
- Rents for the current month
- Fuel left in the tank
When to plan for them
Duties arrive a few months after closing. Set the money aside.
How the duties are calculated
The calculation applies in brackets, on the higher of price or municipal assessment.
Some municipalities add an extra bracket on higher amounts.
Possible exemptions
- A transfer between spouses
- A transfer between parents and children
- A transfer to a company you control
- Certain transfers between related companies
When payment falls due
The bill arrives one to six months after closing, depending on the municipality.
Setting the money aside
The bill arrives after closing, when the budget is already spent.
Calculate the amount once the offer is accepted and set it aside.
Municipalities publish the calculation table online.
Checking the notary’s statement
The final statement details each adjustment between the parties.
Read it before signing, line by line.
An error corrected that day avoids a claim later.
