How Should I Verify Who Pays Transfer Taxes & Other Costs in Writing?

As the contract governs who pays which charges, start by reading the transfer section of the agreement carefully. Ensure every item—transfer fee, registration fees, stamp duty or specific business tax, withholding tax, and any agent commissions—is listed with a stated party responsible for paying. Compare those allocations to what you’ve heard or what the seller suggests, and ask for a clear breakdown on a closing statement. If there are government incentives or temporary reductions, confirm whether they apply to your deal and who benefits. Request written estimates from your lawyer or adviser rather than relying on verbal estimates from a seller or agent. Before signing, obtain an independent review of the numbers against official government rates and the property’s title documents. Finally, ensure the schedule stays binding even if the contract changes and that any amendments are documented in writing with signatures. By grounding the transfer-cost discussion in a written schedule, you reduce the risk of unexpected charges at closing.