Fee Structure
Example value - $ 100,000.00
Stamps |
% |
|
|
Registry |
0.005 |
$ 500.00 |
|
Agrarian |
0.001 |
$ 100.00 |
|
Law 7535 |
0.002 |
$ 200.00 |
|
Municipality |
0.002 |
$ 200.00 |
|
Lawyer Board* |
0.00025 |
¢ 75.00 |
$ 25.00 |
Treasury Department C.R.* |
¢ 625.00 |
less than |
|
National archive** |
¢ 20.00 |
less than |
|
Transfer taxes |
0.0151 |
$ 1,510.00 |
|
Legal fees |
0.0125 |
$ 1,250.00 |
|
Total about 3.8% |
0.03758 |
$ 3,788.00 |
|
** Over the first ¢ 100,000.00 a fixed rate of ¢ 75.00 has to be cancelled.
* According to specific table rates, shown maximum payment in colones.
Up to ¢1,000,000.00 you pay 1.50% in legal fees, and 1.25% above that.
1. Transfer taxes, stamps and other charges: In order to record the transfer of the property, the government charges 1.5% of the purchase price and an additional 1% is charged for other stamps at the Public Registry.
2. Notary Fees: Notaries are required by law to charge 1.25% as their legal fees.
3. Survey fees: If you require or demand a new survey for your property, there are qualified surveyors available to perform this function. Pricing depends on the location and size of the property.
4. Mortgage registration fees: The government charges 0.6% of the mortgage value to register the mortgage deed on the property.
5. Escrow Fees: Fees are dependant on the escrow provider.
6. Incorporation: Fees for purchasing a corporation typically run between $500-$1000.