Based on Zonal Selling Price based
Value on Seller
Lot size (sqm) 132
Zonal Value per sqm 5,000 660,000
900,000 1,800,000
BIR
Capital Gains Tax (usually the seller
-6% of Selling Price in the Deed of Sale or BIR zonal valuation shoulders this depends
whichever is higher 54,000 108,000 on your arrangement)
Documentary Stamps Tax
- P15.00 per P1,000.00 or 1.5% 13,500 27,000
BIR-Clearance Fee w/ stamp 150 150 (approximation)
67,650 135,150
City Treasurer's Office (City Hall)
Transfer Fee
- 0.8% of Selling Price 7,200 14,400
Service Fee and doc stamps
- Tax Dec; Tax Clearance; Cert of No Improvement 200 200 (approximation)
7,400 14,600
Registry of Deeds
Registration Fee
- 1.5% of Selling Price 13,500 27,000
Legal Fees
Deed of Absolute Sale
- 2% of Selling Price 18,000 36,000
Miscellanous and Processing Fees
(fees vary, if you decide to get somebody to do these for you) 15,000 6,000
TOTAL 121,550 218,750
Buyer 28,400 47,600
Seller 93,150 171,150
121,550 218,750