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Notarkosten

notary fees; costs charged by a notary

noun no-TAR-kos-ten Rare

Usage Note

Notarkosten are the statutory fees charged by a German notary for notarial acts, calculated according to the Gerichts- und Notarkostengesetz (GNotKG) based on the value of the transaction. They are a significant cost factor in property purchases and company formations.

Examples

"Die Notarkosten für den Hauskauf betrugen rund zwei Prozent des Kaufpreises."

Natural Translation

The notary fees for the house purchase came to around two percent of the purchase price.

Literal Translation

The notary-costs for the house-purchase amounted to around two percent of the purchase-price.

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