What Will It Cost to Buy or Sell a Property?

Property Cost Calculator

Estimated costs · Jamaica

Purchase price

JMD $

Enter the agreed purchase price of the property

Your estimated costs

Stamp duty
            Fixed fee of JMD $5,000 — shared equally with seller. Your half: JMD $2,500
          
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Registration fee
            0.5% of purchase price — shared equally with seller. Your half shown
          
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Agreement for sale
            Standard fee of JMD $120,000 — shared equally with seller. Your half: JMD $60,000
          
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Estimated legal fees
            Estimated at 3% of purchase price (minimum applies). May vary.
          
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Getting a mortgage? You will also need a Valuation Report and a Surveyor's Identification Report. Your bank or mortgage provider will advise on approved professionals.

Total estimated closing costs

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Your share of all closing costs, excluding purchase price

Total amount needed to complete purchase

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Purchase price + closing costs

Still have questions?

These figures are estimates. Every transaction is different.
Our attorneys are happy to walk you through your specific costs.

Book a consultation Send us a message

Calculations are for general guidance only and do not constitute legal advice.
Contact Vanguard Law to review your specific transaction. · vanguardlawja.com

What Will It Cost to Buy or Sell a Property?

Property Cost Calculator

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