Hi,
How much are the conveyancing costs for selling or buying a property of about HK$10m
Have looked on line but seems to be no information - looking for a rough guide so as to not get too ripped of by lawyers
Thank you in advance for any feedback
Hi,
How much are the conveyancing costs for selling or buying a property of about HK$10m
Have looked on line but seems to be no information - looking for a rough guide so as to not get too ripped of by lawyers
Thank you in advance for any feedback
Selling or buying?
If you're selling, go back to the lawyer you used when you bought and negotiate a fixed price. I have forgotten what we have paid... was not a significant amount
if it is a normal deal as standard doc/covenant , it could be vary from couple thousands hkd to more by some lawyer firms.
then half percent of the property value for the property agents commission.
also gov levy.
i remember the first apartment we bought we paid only hkd3000 for the lawyer.
.
I just engaged one at 7k, didn't really bother to negotiate but I think 6k they would have done it
But do note that these are done by conveyancing clerk of a law firm. I am quite familiar with the legal stuff so all I needed was a clerk to run errands for me, but still she bothers to explain all the terms of the agreement etc etc