The vendor and purchaser pays one-half of:-
- Stamp Duty- J$5,000.00 (Flat fee)
- Attorneys fees for preparing agreement for sale
- Registration fee- o.5% of the sale price
- Miscellaneous fees – letters to utility companies
The vendor alone pays:
- Transfer Tax—2% of sale price
- The Real Estate Agent’s Commission, usually 5% of the sale price. (If any)
- Each party pays his own Attorney-at-Law.