Notary fees in Morocco

agenz.ma has summarized for you the notary fees to be paid in Morocco in order to include them in your budget and avoid any unpleasant surprises. Notary fees in Morocco actually consist of several taxes and service fees borne exclusively by the buyer, the details of which are as follows:

1 Registration Fees in Morocco

The registration fees for the sales deed are 4% of the purchase price of the real estate property.

• For social housing, these fees are reduced to 3%.
• For undeveloped land, they are 5% unless the buyer commits to development within 7 years following the acquisition.

• 2 Land Registry Fees

Land registry fees are 1.5% of the purchase price, plus 200 Dirhams for obtaining two property certificates.

3 Notary Fees

The notary service fees are 1% excluding VAT of the purchase price (with a minimum charge of 2,500 DH excluding VAT). These fees cover the supervision of the sale and all administrative procedures related to the registration and publication of the deed with the land registry. VAT on the notary's invoice is 10%.

4 Mortgage Fees

In case of using a bank loan, you will also need to pay approximately 1.5% of the value of the bank mortgage.

Let's take an example to summarize :

If you buy an apartment for 1,000,000 Dirhams and take a loan of 500,000 Dirhams from the bank, you will need to pay at the notary's office:

• 40,000 Dirhams for registration (4% of the price)
• 15,000 Dirhams for land registry (1.5% of the price)
• 200 Dirhams for property certificates
• 10,000 Dirhams for notary fees (1% of the price)
• 1,000 Dirhams for VAT (10% of notary fees)
• 7,500 Dirhams for mortgage fees (1.5% of the 500,000 Dirhams credit amount)

This totals 73,500 Dirhams, which is approximately 7% of the purchase price. It is, therefore, crucial to consider these fees when determining your budget in advance.

It is crucial to incorporate these costs into your initial budget to avoid surprises. This preparation, combined with the checklist for going to the notary, ensures a stress-free real estate transaction.

At the time of the sales agreement :

1. The seller must provide:

• Identity card (original).
• A recent certificate of ownership (to be requested at ancfcc.gov.ma/certificatspage).
• The origin of ownership (for example, old deed of purchase, inheritance, etc.).
• latest tax notice (municipal services tax and housing tax).
• Water and electricity consumption statement (optional).

2. The buyer must provide:

• Identity card (original).
• If an advance is paid to the compromise, the check must be sent to the seller or to the notary's accounting office.

To prepare for the signing of the final act:

1. The seller must provide :

• The plans of the property.
• The co-ownership regulations (for an apartment); Residential permit (for a villa).
• If a loan is in progress on the property: the statement of the situation issued by the bank.
• Tax clearance for housing tax and municipal services tax.
• The discharge of the trustee.
• Tax identifier for the TPI declaration.

2. The buyer must provide:

• Payment of the price or the balance price if an advance was made on the day of the compromise.

This document provides a comprehensive list of documents and procedures to follow for a real estate transaction, helping to simplify and organize the process for all parties involved.

Salima Hamrini Editor and journalist specializing in real estate.

10 Oct 2023