Are the notary's fees the same when you sign a deed of sale at a distance?

AcheterBlandine Rochelle17 Apr 2020Partager on

You had to sign the bill of sale for the purchase of your property before confinement, and the notary offered you the remote electronic signature? Do not worry about the price of the notary fees that will be charged, it will be strictly the same as if you had signed the deed of sale.

Yes, notary fees are the same in case of remote signature

Since the decree of April 4, 2020, validated by the Ministry of Justice and the Council of State, the signatures of distance selling acts are allowed and can be generalized to all transactions. These electronic signatures, which will gradually be extended to more notarial offices, may lead you to ask yourself the question of the price of notary fees: are they higher in the case of a remote signature? The answer is no: the amount of notary fees cannot be increased due to the particularities of electronic signature, for the simple reason that notary fees consist mainly of taxes that are not currently revalued, and notary fees are fixed by means of a scale.

Note also that if setting up the remote signature may result in additional costs for the notary, especially for the installation of the necessary tools, then he alone bears these costs, which are his sole responsibility and he cannot pass them on to the buyer or seller at the time of the sale.

Not all notaries have yet to implement the remote electronic signature of sales deeds. On the other hand, those who do not propose to do so undertake to schedule signatures within 15 days of the end of confinement.

What are the costs of transfer duties wrongly called notary fees?

The amount to be paid by the purchaser to the notary for the purchase of real estate depends on the type of property in question. In the case of the purchase of an "old" dwelling, the cost of a notary is 7 to 8 per cent of the price of the dwelling in question. For example, if you buy a house in the old house with a price of 250 000 €, you must assume that you will have to pay the notary to the tune of 17 500 to 20 000 €about.

On the other hand, if you are about to sign the deed of sale of a new house or apartment, then the notary's fee is lower, since it costs only 2 to 3% of the sale price, that is to say 5 000 to 7 500 €to be paid to the notary on the day of the sale. This difference is due to the fact that a large number of taxes do not apply in the context of a transaction in the nine.

What does notary fees include?

Notary fees are poorly titled, as they are in fact largely composed of registration and transfer fees. In practical terms, notary fees are fees advanced by the buyer on behalf of the buyer, and which essentially correspond to taxes and tax charges of all kinds:

The notary may also charge the purchaser for formalities which vary according to the administrative procedures: authentic copies, application for a town planning certificate, etc.