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How to swap condos title with a neighbor (and pay some more)

hrrecruiter
in Real Estate, Housing, House and Land Ownership

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Is it possible to put my own condo as part of an offer in additional to some cash when purchasing a bigger condo in my building? How would the land office calculate taxes? Anything else I should be aware of?

 

Thank you

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    Would go through as a normal sale and buy so transfer taxes to be paid as normal

    • Like 3
    3 hours ago, ExpatOilWorker said:

    Tax is a percentage of the "the Land Office's assessed" appraisal value. The actual purchase price is irrelevant. 

     

    • Like 2

    It still needs to be all registered at the Land Office.

    It is illegal to "just swap" & anyway everybody would have wrong paperwork

    • Like 2

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