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Showing posts from April 15, 2018
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STATUTORY FEES, as common a knowledge as this might seem, it has been discovered to be one of the reasons why quite a number of potential Real Estate investors do not key into real estate investment opportunities, simply because they don't understand its purpose. The average new real estate investor or land buyer also refer to it as HIDDEN CHARGES , which is totally wrong. But then again, how would you know it is wrong if you don't understand what it is and is not. Follow through and I am sure by the end you will have better understanding of what STATUTORY FEES is and what it is not.... STATUTORY FEE;  What it is and what it is not..... Definition: These are fees relating to the exercise of statutory powers. Some of these fees are fixed by the government statute and they are legally binding between the real estate company and the buyer .  As common a knowledge as this might seem, it has been proven that quite a number of potential real estate investor...