);

THE NOTARY

Notary

The notary is personally responsible if the deed results faulty. If a third person has claims or if the immovable is bind up (servitude, lease etc.)
The compensation is divided in three parts;

The honorarium (+22% v.a.t.),
Notary rights (+22% v.a.t.) and
His payments in advance.

e.g.
The medum cost for the notary honorarium is about 1650 euro + V.A.T.* for a selling deed of 90’000 euro and about 2080 euro + V.A.T.* when it costs 180’000 euro. Normally it’s on the buyer’s expence.

*Il Sole 24 ore, 28/01 2006.

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