Real estate transfer tax liability when purchasing a property that is partially owned.
My partner and I are buying a property, including a building, from a property community (consisting of 4 owners, including my father, my brother, my sister, and myself).
As mentioned earlier, I am a quarter co-owner of the property/building to be acquired.
The purchase price stated in the contract is €235,000.
So far, so good!
The question is: Am I liable for real estate transfer tax as an old owner (with a 1/4 share) and a new owner (with a 1/2 share)?
Unfortunately, the statements from my tax advisor and notary public are different!