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What each party pays in a deed: here's what you need to know - La Nacion Propiedades
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Qué paga cada parte en una escritura: esto es lo que hay que saber
En el momento de firmar la escritura de compraventa de una propiedad, deben estar todas las partes del contrato, pero cada una debe hacerse cargo de diferentes pagos
www.lanacion.com.ar
March 19, 2025
At the time of signing the deed of sale of a property, all parties to the contract must be present, but each must take charge of different payments.
What each party pays in a deed: here's what you need to knowShutterstock
Simply raising the money to buy a property isn't a sufficient reason to acquire it . There are important aspects to consider during the buying and selling process that are essential to formalizing the transaction, such as the deed of the property .
This is a necessary procedure to ensure that the property legally belongs to a person . This document provides legal security to the owner and is essential for complying with tax obligations related to the ownership of the property .
This procedure is carried out through a notary public , who can provide information and advice before signing any documents and moving forward with the transaction to avoid misunderstandings and future conflicts. Registering a property involves paying taxes, fees, and other obligations for both the buyer and the seller, adding an additional cost to the transaction.
The deed of a property is carried out by a notary.Javier Joaquin
What is the real cost of notarizing?
Both the seller and the buyer must cover the costs associated with the deed signing process . The seller is responsible for paying all costs prior to the deed, as well as the notary's fees, while the buyer pays all subsequent costs. According to a report by the real estate platform Zonaprop , corroborated by notary Federico Leyria, a member of the Association of Notaries , the costs each party must pay in 2025 are as follows :Seller's expenses:
Certificates : The seller must assume the cost of obtaining the necessary documents prior to the deed, such as the certificate of ownership or the report of inhibitions. Completing these reports could cost up to 0.2% of the property price.Stamp Tax : This tax applies both in Buenos Aires City and in the other 23 provinces of the country. As it is local in nature, each jurisdiction establishes the tax base and the taxable event. In Buenos Aires City, the rate is 3.5%, which is divided between the parties; therefore, the seller pays 1.75%. However, "if the transaction is for the purchase of a single residential property, the tax is not payable," explains the notary.
Debts : If there are outstanding expense payments or tax debts, such as ABL or other property-related taxes, the seller must pay them before signing the deed.
Title search : A title search is a thorough investigation into the legal status of a property. A notary or lawyer analyzes the property's history, going back up to 20 years, primarily to prevent fraud. This verification generates a fee of 0.2% of the transaction price.
Real estate commissions : In Buenos Aires, the commission paid by the seller to the real estate agency is 1 or 2% of the property value plus VAT, although it tends to be charged before the deed is signed.
Other expenses : Some additional costs for the seller could include floor plan updates, vacancy fees, etc.
Both the buyer and the seller must bear the costs of the deed registration process.Javier Joaquin
Buyer's expenses:
Stamp Duty : Just like the seller, the buyer must pay 1.75% based on the price of the deed. If the property purchased is for a single, family, permanent residence, this tax is reduced.Registry fees : This is a variable fee paid upon registration of a property in the Property Registry. A positive development in 2024 was the reduction of this fee through Decree 902/2024, which reduces the Real Estate Registry (RPI) fee to almost half its value, reaching, in some cases, only 0.3‰.
Professional fees : The property buyer must pay 2% of the professional fees, plus VAT. Payment can be made in pesos or in dollars at the MEP exchange rate.
Real estate commission : The buyer pays between 3% and 4%. Real estate fees are regulated by law and by the Real Estate Professional Association. As with the seller, this fee is usually paid before the deed is signed.
Notarial contribution : tends to be 0.1% at most.
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