Notary fees

What is the function of a notary during a real estate sale in Switzerland?

When you buy or sell real estate in Switzerland, it is mandatory to use the services of a notary. This is because according to Swiss law, the deed of sale is only valid if notarized. In addition, the notary arranges for the entry in the land register, where the new owner is recorded. In many cases, the notary is also responsible for drawing up the deed of sale. This is not mandatory, but can nevertheless be useful, because the notary as a professional can guarantee that everything has been worded in proper legal terms and that all aspects have been taken into account.

How much does a notary cost in Switzerland?

The costs for a notary vary from canton to canton. As a rule, they amount to a small fraction of the purchase price (approx. 0.1-0.5 %). They consist of several parts: the notary's fees proper; possibly an additional fee if the notary has drawn up the purchase contract or provided legal advice; as well as other expenses, e.g. for excerpts from official registers. In some cases, taxes such as the transfer tax are also included in the notary costs in the broader sense, because in some places they are collected by the notary on behalf of the state.

Who pays the notary fees in Switzerland?

The notary costs are typically split between the seller and the buyer. Again, there are differences between cantons. In many cantons, the parties may freely determine who is going to pay the notary fees; however, some cantons mandate which party has to pay the notary fees.