SAMPLE TITLE CHARGES FOR SELLER
| Purchase Price: | $604,455.00 |
| | |
| State Transfer Tax * | $2,417.82 |
| NYC Transfer Tax ** | $2,418.00 |
| ACRIS Preparation | $150.00 |
| Title Agent’s Mortgage Pick up Fee | $225.00 |
| Recording Fee (Sat. of Mortgage) | $100.00 |
| | $5,310.82 |
* .4% of the purchase price
** Only applicable if the property is located in NYC. 1% of the purchase price for 1-3 family house or condo unit under $500,000.00. 1.425% 1-3 family house or condo unit $500,000.00 up to $999,999.99. 2.625% for all other property types and if purchase price is $1,000,000.00 or more.
Dena Orenstein and Zhanna S. Kandel are partners of the law firm of Orenstein & Kandel, LLP. with offices located on Northern Boulevard in Bayside. The firm specializes in real estate, foreclosure, bankruptcy and eviction matters, as well as business contracts and wills, trusts and estate planning. Tel. (718) 819-0200 www.oandklegal.com.
