Thread: Cost of notaris

Notary fees are about 1 - 1.5 % from the transaction value (higher if amounts involved are low) There are somewhere officially published rates, but I can't find them...

If there is no transaction value, its negotiable.

Hi larnes,
Dont let lumumba scare you with obstacles which may or may not have to be taken, from my personal experience I can tell you that buying and building on land I did not encounter any obstacles. important if buying land in a desa( not Kuta or other tourist destinations),
meet with the head of the village(kepala desa), and ofcourse a good Notary!!. But since the question is about notary fee's, and not about rules. Bert already answered it :) , 1,5% to 2% depending on the number of contracts you wish( I always go for the 5 contaracts per certificate), and the money that changes hands from you to the owner of the land.
Hope you'll find or have found what you're looking for and will enjoy your time on Bali.
Friendly greetings....Gilbert.

Hi Larnes,

Yeah it's a pretty small world, hahaha.
Same here, no other foreigners yet in the desa, just me...altough they(foreigners) getting closer now to where I live. Lands near the beach is hard to find and prices still rising there, Therefor they're coming up the mountains :) . Prices here stable and rising.
Yeah I know SD 6 Panji, I'm on the other far end of panji going south.
As your sponsor kid goes to this school, can I assume you have bought in Panji?
Anyway's nice of you sponsoring a kid's education :) .
friendly greeetings....Gilbert.

Hi Sidneymike,

I don't exactly know what you mean.."a mortgage guarantee on the landcertificate"?
If you ment that the nameholder of the land(your nominee) is not able to ask a mortgage on the land in his/her name. You overpayed 1% to the notary.
I don't know what kind of contracts(how Many), you have between you and your nominee, but it should be covered by the agreement of lease. Or in the agreement of buildingright. In both contracts should be mentioned that you have all the rights(sell,rent-out,build,etc..), and the nominee doesn't have any power over the land, or buildings that are there or are to be build.
Maybe I am wrong and you mean something completely else, but I never heard of a mortgage guarantee on a "landcertificate".
Okidoki....friendly greetings, Gilbert.