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settlement fee calculator

The following settlement fees are associated with the sale and transfer of title of property in Belize.  The data below represents the maximum amount that may be required for payment.

Fee Descriptions

Attorney's Fee: Fee to the settlement attorney to complete the activities of the closing process
Stamp Duty: 8% of the Real Estate Sales Price
GST: Government Sales Tax (12.5% of the Real Estate Sales price)
Title Search: To research and confirm a clear title and ownership of the property
Recording Fee: Administrative fee for final recording of the deed

Home Owners Association (HOA) fees for the period of six months have been included in the total settlement amount listed below (six months at $100.00 per month for a total of $600.00).

Lot Site Price
 Attorney's Fee
HOA Fee
Title Search
Stamp Duty
Recording Fee
Total Settlement Fees
Total Purchase Price w/ Settlement
 $15000
 $510
 $600
 $600
 $750
 $15
 $2475
 $17475
 $20000
 $680
 $600
 $600
 $1000
 $15
 $2895
 $22895
 $25000
 $850
 $600
 $600
 $2000
 $15
 $4065
 $29065
 $30000
 $1020
 $600
 $600
 $2400
 $15
 $4635
 $34635
 $38000
 $1190
 $600
 $600
 $3040
 $15
 $5445
 $43445
 $40000
 $1360
 $600
 $600
 $3200
 $15
 $5775
 $45775
 $45000
 $1530
 $600
 $600
 $3600
 $15
 $6345
 $51345
 $50000
 $1700
 $600
 $600
 $4000
 $15
 $6915
 $56915
 $55000
 $908
 $600
 $600
 $4400
 $15
 $6523
 $61523
 $125000
 $5950
 $600
 $600
 $10000
 $15
 $17165
 $142165
 $200000
 $6800
 $600
 $600
 $16000
 $15
 $24015
 $224015

 

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