Thank you for using
Marshall Diel & Myers Calc to estimate your costs. Please keep in mind that it provides an estimate of the legal fees, stamp duties and mortgage costs associated with the purchase and mortgage of property in Bermuda.
The MDM Calc is provided as a service to you for the purpose of assisting with estimating expenses and is not intended to be exact or exhaustive.
The legal fees for preparation of, and stamp duties on the conveyance are generally shared equally between the vendor and the purchaser and as a result, the above calculations represent one-half of the legal fees and stamp duty payable in respect of the conveyance. If you will be paying all of the legal fees and stamp duty on the conveyance, you will need to double both of those figures in order to more precisely estimate your costs.
There may be other factors that will affect the costs associated with your purchase or sale of real estate. We would be pleased to answer any questions that you might have and to give you a more precise quotation if you contact us directly.
|