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CO-OP SELLER CLOSING COSTS

FOR THE SELLER

FOR THE SELLER

CALCULATE YOUR OWN

Own Attorney

$1,850 - $2,500

Own Attorney

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Stock Transfer Stamps

$0.05 per share

Stock Transfer Stamps

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NYC Real Property Transfer Tax

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NYS Transfer Tax

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UCC-3 Filing

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Flip Tax (if applicable)

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Payoff Bank Fees (if applicable)

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Managing Agent Fee

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NYC Real Property Transfer Tax

1% - 1.425%

NYS Transfer Tax

0.4% of total purchase

UCC-3 Filing Flip Tax (if applicable)

$75 + up Determined by co-op board

Payoff Bank Fees (if applicable) Managing Agent Fee Move-Out Deposit (usually refundable) Broker Comission Estate Fees Lost Stock & Lease Fees E Tax Filing (ACRIS) NYS Capital Gains Tax Withholding* Non-US resident (FIRPTA)

* Out of state seller

$450 + up $500 - $750 $500 - $1,000 6% of purchase price Co-op may impose $250 - $750 $50 - $200 7.7% of gain 10% of purchase price

Move-Out Deposit (usually refundable)................................................ Broker Comission

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Estate Fees

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Lost Stock & Lease Fees

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E Tax Filing (ACRIS)

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NYS Capital Gains Tax Withholding* ................................................ Non-US resident (FIRPTA)

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Other

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TOTAL

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Seller Closing Costs Co-op