In a real estate ad, what does the term FNR ?
FNR : This is the abbreviation F spokes N otaires R educts used to describe a building finished in less than 5 years.
It is therefore the sale of an apartment or a home new or resale homes for the first time and completed within the last 5 years.
Upon submittal of a property, the buyer must pay the settlement to the undersigned administrative acts (a few hundred dollars), the remuneration of the notary (about 1% of sale price) and taxes and taxes pay to the state (about 5% of sale price in the former).
FNR : This is the abbreviation F spokes N otaires R educts used to describe a building finished in less than 5 years.
It is therefore the sale of an apartment or a home new or resale homes for the first time and completed within the last 5 years.
Upon submittal of a property, the buyer must pay the settlement to the undersigned administrative acts (a few hundred dollars), the remuneration of the notary (about 1% of sale price) and taxes and taxes pay to the state (about 5% of sale price in the former).
For Reduced notary fees, taxes and taxes have a limited amount to about 1% of sale price, payable by the buyer. For its part, the seller will pay the estate tax value calculated on the amount of the sale. A
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