Glossary entry

French term or phrase:

frais d'acte d'achat

English translation:

all notary fees, taxes, duties, administrative fees etc.

Added to glossary by katieker
Apr 1, 2007 12:48
17 yrs ago
8 viewers *
French term

frais d'acte d'achat

French to English Law/Patents Real Estate
Belgian text on buying properties, mortgages etc.

Under the heading "Frais de notaire" are the two terms "Frais d'acte d'achat" and "Frais d'acte pour une
ouverture de crédit"

Proposed translations

+5
30 mins
Selected

all notary fees, taxes, duties, administrative fees etc.

Frais d'acte d'achat :

Ensemble des frais notariés et fiscaux s'ajoutant au prix de vente. Ils sont en principe à la charge de l'acquéreur et se composent des honoraires du notaire chargé de la vente et des différents droits, taxes, impôts et frais d'obtention des pièces administratives.
http://www.petitaux.com/pret_immobilier_lexique/f/fraisactea...
Peer comment(s):

agree DCypher (X) : so it is all inclusive...then I would say "transaction costs and taxes"
26 mins
thanks, like your suggested solution.it's dreadful here. probably the highest transaction costs in Europe.
agree Jean-Claude Gouin : "Transaction costs" in Canada include the "Land transfer tax" or "droit de mutation"; it's another way for governements to get our money!
55 mins
maybe someone in your govt. has Belgian forefathers?
agree Julie Barber
1 hr
agree Istvan Nagy
2 hrs
agree Vicky Papaprodromou
3 hrs
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4 KudoZ points awarded for this answer. Comment: "Thanks very much for your help!"
14 mins

stamp duty/tax on purchase deed

I believe this is stamp duty. I have just seen a couple of examples where it was about 15% of the purchase price of a house. So I think that would rules out other potential interpretations of "frais" (like lawyers' fees for drawing up the deed)
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+1
14 hrs

all incidental fees related to the purchase of property or land

Hello,

These are all the incidental fees related to purchase of property or land (notary fees, taxes, administration fees, etc).

I hope this helps.
Peer comment(s):

agree Gina W
5 days
Thanks, gad! I appreciate it. This is probably the most succinct way to express this in English.
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