What is the deed tax for an apartment?

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Nowadays, people’s living conditions are getting better and better, and more and more people are buying houses. Anyone who has bought a house knows that, When buying a house, you must pay a certain deed tax. Many people don’t know much about the deed tax on houses, so let me tell you how much the deed tax is on an apartment and when the deed tax on the house is paid!

What is the deed tax for an apartment?

1. The payment regulations for the first home are as follows

1. When an individual purchases an ordinary house and it is the only house, the purchased goods For residential units with an area of ??less than 90 square meters, the deed tax needs to be charged according to 1.

2. If the apartment area is 90-144 square meters (including 144 square meters), the tax rate should be halved, that is, the actual tax rate is 2.

3. If the residential area purchased exceeds 144 square meters, the house deed tax rate shall be levied according to 3.

The payment regulations for second and second homes are as follows

If the owner purchases a non-ordinary house, a second home, or a commercial investment property (shop, office building), then a standard fee of 3 tax rate.

When to pay the house deed tax?

1. The house deed tax regulations are different in each place. In some areas, the house deed tax must be paid before the house is handed over, while in some areas, the house deed tax must be paid 10 days after the contract is signed. Deed tax will be paid. However, the deed tax for the off-plan property shall be paid when the completion acceptance is passed and the real estate certificate is issued.

2. Usually, the deed tax must be paid more than one year after the house is delivered, otherwise late payment fees will be paid. Generally, when applying for a real estate certificate, you can go through the process of approving and paying the deed tax. It can be done in the order of purchasing a house - paying down payment - applying for a loan - loan approval - passing the approval - entering the house delivery process.

3. Usually, you have to pay deed tax after handing over the house. If you don’t buy the house by yourself, you also have to pay stamp tax. These procedures take about a month, and after that you don’t need to pay too much.

The editor summarizes: This is a brief introduction to the deed tax for apartments. I believe everyone understands it! House deed tax must be paid when purchasing a house, but each city has different deed tax standards, so the deed tax paid is also different. If you are buying or selling a second-hand house, some intermediaries will include the deed tax in the price of the house, so buying a house still depends on local policies.

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