Auction Item cost statement
AUCTION
Of: Certificate of Admeasurement 388/1989 800M2 & 281/2005 614M2/, Welfare Road, Sint Maarten
Date: April 18th, 2012.
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COSTS WHEN SOLD FOR ƒ7,120,000.00 (US$4,000,000.00)
1. Transfer Tax ƒ284,800.00
2. Legal Fee ƒ 56,300.00
3. Cadastral costs & disbursements ƒ 28,600.00
4. Cancellation mortgage ƒ 2,285.00
5. Advertisements (estimate) ƒ 625.00
6. Writ(s) ƒ 459.00
7 Long lease rent ƒ 29,608.09
8. Rent of the auction room (estimate) ƒ 31.25
TOTAL ƒ402,708.34
WHICH IS EQUIVALENT TO US$226,240.64
For each raising bid above US$4,000,000.00 on the total amount of costs an amount of approximately 7% of the raise needs to be added for transfer tax and legal fee.
