Notarize the sale agreement / contract with the Ministry of Justice Notary at the Survey & Land Registration Bureau.
Agency: Ministry of Justice notary (sitting at the Survey and Land registration Bureau)
The seller and purchaser of the property (or their legal representatives) must appear at the notary from the Ministry of Justice (sitting at the Survey and Land registration Bureau) to sign the Sale of Purchase Agreement. The original title deed evidencing that the seller has ownership of the property must be shown to the notary at the time of signing the Sale of Purchase Agreement.
Time and cost: 1 day, BHD 15 (for 4 notarized copies of the Sale of Purchase Agreement)
Register the title deed with the purchaser’s name at the Survey & Land Registration Bureau
Agency: Survey & Land Registration Bureau
After the Sale of Property Agreement has been notarized, the following documents are submitted to the Survey and Land Registration Bureau:
- 1 notarized Sale of Property Agreement;
- Valid Commercial Registration Certificate of the Purchaser;
- Memorandum of Association and amendments (if any)
- Payment to the Survey and Land Registration Bureau (fee BD 1) for the land registration form
Law No. 13 of 2013 Property Registration Law (“New Law”) established new registration fees. The New Law set a flat registration fee of 2% on all property sales regardless of the purchase price (15% discount of the registration fee for applications submitted within 60 days of execution of sale agreement).
Time and cost: 1 day, BHD 7,263.42
- 1.7% of property value Within 60 Days from selling agreement (Discounted Value including the 15% discount for applications submitted within 60 days of execution of the sale agreement)
- 2% of property value after 60 Days
- 1 BD for the Land Registration Form)