Basic Steps > Payment terms of the contract
Double checking the property
Preparing a draft contract
Having the draft contract translated
Having the contracts notarised
Payment terms of the contract
Application to the TAPU Office
Documents asked by the TAPU Office
Forbidden zones and size limitation
How are FDI and foreign companies treated by TAPU Offices?
Issuance of a new TAPU by the Office
Declaration of acquisition to the local government
To take off the asset from the market, you may pay a deposit which is negotiable between the seller and you. In some situations, interim payments may be required.
Please note that real estate purchase deposits are averaged at 5-to-10% of the selling price. Interim payments should be as minimal as possible.
Real estate commissions may be charged on both the seller and you. For some cases, only one party may pay the commission. Total commission rate is around 3%.