What Are Title Fees?

The real estate transaction handling fee refers to the fee charged by the government in accordance with the law and the real estate transaction agency established by the real estate authority to handle the transaction transfer and other procedures for the property right holder.

Real estate transaction fee

The real estate transaction fee refers to the real estate transaction agency established by the government in accordance with the law, and the real estate transaction agency set up by the real estate authority to handle for the housing right holder

There are different standards in each place, but the general ones are as follows ^[1]

The outlet I bought is a one-time payment, but when I handle the property rights of the house, there is an additional real estate transaction fee, which is charged at 0.0025 of the total housing price. Should I pay this money?

Real estate transaction fees

Transaction fee refers to the reasonable compensation for the expenses incurred by the real estate transaction agency established by the real estate management department to provide housing rights holders with transaction venues, information services, and agency property review and registration.

Any real estate transaction agency that handles various business activities in the real estate circulation process such as house purchase, sale, lease, mortgage, division, exchange, gift, inheritance, etc., the house owner shall pay a certain transaction fee to the real estate transaction agency in accordance with regulations.

Standards for fees for real estate transaction fees

1. For housing sales, 2.5% of the total transaction price is charged. Among them, if an employee purchases public housing for the first time according to the housing reform policy and conducts a home exchange with a price difference, the transaction fee is paid at 0.5% of the transaction price. Buyers and sellers each share half of the burden.

2. The transaction fee for newly-built commercial housing shall be paid at 0.5% of the transaction price. (Affordable housing shall be paid at 0.5% of the price approved by the competent price department).

3. Lease of production and operating houses shall be paid at 3% of the total annual rent. Lease of non-production and operating houses shall be paid at 2% of the total annual rent.

4. Mortgage of real estate shall be paid at 0.2% -0.4% of the mortgage amount, which shall be borne by the mortgagor. The specific implementation standards shall be formulated by the competent department of land and municipal prices in conjunction with the administrative department of construction and reported to the province for the record.