Contracts of sale
List of documents needed
title deed issued under the Land Law No. 18/1991 (for land);
contract of sale-purchase;
donation contract;
final and irrevocable civil judgment/decision;
certificate of inheritance;
for contracts of sale and purchase concluded with former contracting units: handover-reception report, loan contract, proof of full payment;
deeds of joining/subdividing;
proof of full payment of the price (if not mentioned in the title deed);
land ownership certificates issued by the land register;
cadastral documentation (site plans/surveys) drawn up by a certified cadastral engineer and stamped by the Cadastre and Land Registration Office (O.C.P.I.)
For apartments:
a certificate issued by the owners’ or tenants’ association certifying that the owners are up to date with their debts to the association (maintenance, expenses, repairs, joint expenses, etc.), signed and with printed names of the president and the administrator, bearing the stamp of the association;
energy performance certificate;
P.A.D. compulsory insurance policy;
utility bills issued in the month of signing the sales contract (electricity, water, gas, etc.) and proof of their payment.
For agricultural land:
certificate issued by the Town Hall showing whether the land is leased;
tenant’s agreement + lease contract (if leased);
completion of the formalities concerning the exercise of the pre-emption right (for lands outside the built-up area).
Other specific documents required by the notary public.
If the property to be sold is encumbered by liens/mortgage in favour of a banking institution, the following are also required:
mortgage contract;
registration certificate of the mortgage contract;
loan contract;
certificate issued by the banking institution agreeing to the sale, specifying the terms and conditions and the balance of the loan.
Transaction details:
price, currency, exchange rate;
method and terms of payment;
bank accounts, both seller’s and buyer’s.
Taxes and fees
Concluding a contract of sale involves the payment of notarial fees, fees and taxes. These costs vary according to the value of the property being sold, the type of transaction, the quality of the parties involved (natural or legal persons) and the complexity of the deed.
Notarial Fees
The notary public charges a fee for the drafting and authentication of the contract of sale, set according to the scale imposed by the National Association of Notaries Public from Romania (UNNPR). As a rule, the fee is paid by the buyer.
Factors influencing the notary’s fee:
ANCPI Fees
In order to register the new owner in the Land Register, a fee is paid to the National Agency for Cadastre and Land Registration (ANCPI); this fee is paid to the notary public, who is in charge of drawing up the documentation for the land registration formalities. As a rule, the buyer is responsible for the registration fees.
Tax levied on the transfer of real estate by contract of sale:
The tax on the sale of the real estate is paid by the seller to the notary public on the day of signing the contract of sale, prior to the signing, and the notary public will transfer this amount to the state by the 25th of the following month. It is important to note that this amount is not an income for the notary and there are no additional fees for this operation.