This process of transferring

[sumaiyakhatun29]

The IRB will tax you based on this profit. So how do you handle this situation? Set conditions so that the buyer bears all increased costs that you have to pay. Alternatively, you can also choose not to be represented by a lawyer and use the once-in-a-lifetime RPGT exemption. 2) Hidden costs and timeframe for uncompleted home ownership There are cases where the house grant has been issued but the owner has not yet transferred it to their name.


The master grant to the owner's name is called 'perfection'. Most developers, costa rica whatsapp number database especially for leasehold projects, do not allow direct transfer of ownership to the buyer. The owner must first change the name from the developer's name to the owner's name. In this case, the time frame to complete the sale process will be longer. The process to change the name of the developer to the owner may take 3 to 6 months.


The entire time frame until the sale is completed may take almost a year. Not only that. There are costs that the owner has to bear. The cost of this Memorandum of Transfer is quite high. I suggest that before making a decision to sell, ask the developer first. Is the house grant still a master title or can it be changed to your name? 3) You did not receive all the deposit money When the buyer and owner sign the sale and purchase agreement, you should receive the 10% deposit, right? Wrong.