What are the procedures for parents to transfer their property to their children? Do I still have to pay taxes? What is the algorithm?
Like the general transfer procedure, the payment of fees is the same. As for the specific algorithm, it depends on the situation of the house. If the area is less than140m2 and the appraised price is less than 7000, the deed tax shall be paid at 1.5% of the appraised price, and then some other small expenses can be calculated at about 0.8% of the appraised price. As for the specific procedures and fees, you'd better go to the real estate bureau.