Discount rates



In accordance with the provisions relative to the statutory notary fees (Act n° 2016-230 dated 26 February 2016 and statute dated 26 February 2016), the discounted rates applied by WARGNY KATZ for assistance submitted to statutory notary fees are the following

1 Transactions relative to the transfer of real estate ownership

1.1 Article A.444-91: Sale of non residential real estate (Article A.444-91, Article A.444-129 and Article A.444-131)

Transaction value Discount rates (per corresponding tranche)
Under 10,000,000 € 0 %
From 10,000,000 € to 20,000,000 € 10 %
From 20,000,000 € to 30,000,000 € 20 %
From 30,000,000 € to 40,000,000 € 30 %
Over 40,000,000 € 40 %

1.2 Sale of residential real estate (Article A.444-91)

Transaction value Discount rates (per corresponding tranche)
Under 10,000,000 € 0 %
Over 10,000,000 € 10 %

1.3 Contribution leading to the transfer of real estate ownership (Article A.444-158)

Transaction value Discount rates (per corresponding tranche)
Under 10,000,000 € 0 %
Over 10,000,000 € 40 %

1.4 Transfer of all assets, separation and/or merger-acquisition leading to the transfer of real estate ownership (Article A.444-158)

Transaction value Discount rates (per corresponding tranche)
Under 10,000,000 € 0 %
Over 10,000,000 € 40 %

1.5 Exchange of property

No discounted rate is applied

2 Professional finance services

2.1 Mortgage(s) to finance professional activities (Article A.444-139)

Transaction value Discount rates (per corresponding tranche)
Under 10,000,000 € 0 %
From 10,000,000 € to 30,000,000 € 20 %
Over 30,000,000 € 40 %

2.2 Notarised receipt(s) of payment (Article A.444-161)

Transaction value Discount rates (per corresponding tranche)
Under 10,000,000 € 0 %
From 10,000,000 € to 30,000,000 € 20 %
Over 30,000,000 € 40 %

2.3 Mortgage deed(s) (Article A.444-136)

Transaction value Discount rates (per corresponding tranche)
Under 10,000,000 € 0 %
From 10,000,000 € to 30,000,000 € 20 %
Over 30,000,000 € 40 %

2.4 Mortgage release(s) (Article A.444-141)

Transaction value Discount rates (per corresponding tranche)
Under 10,000,000 € 0 %
From 10,000,000 € to 30,000,000 € 20 %
Over 30,000,000 € 40 %

2.5 Extension of term (Article A.444-168)

Transaction value Discount rates (per corresponding tranche)
Under 10,000,000 € 0 %
Over 10,000,000 € 40 %

2.6 Loan financing residential real estate

Transaction value Discount rates (per corresponding tranche)
Under 20,000,000 € 0 %
Over 20,000,000 € 10 %

3 Lease transaction services

3.1 Long term lease transactions (Article A.444-103)

Transaction value Discount rates (per corresponding tranche)
Under 10,000,000 € 0 %
From 10,000,000 € to 20,000,000 € 10 %
From 20,000,000 € to 30,000,000 € 20 %
From 30,000,000 € to 40,000,000 € 30 %
Over 40,000,000 € 40 %

3.2 Finance leases and transfer of finance leases (Article A.444-130 and Article A.444-132)

Transaction value Discount rates (per corresponding tranche)
Under 10,000,000 € 0 %
From 10,000,000 € to 20,000,000 € 10 %
From 20,000,000 € to 30,000,000 € 20 %
From 30,000,000 € to 40,000,000 € 30 %
Over 40,000,000 € 40 %

3.3 Construction leases (portion calculated on all elements forming the calculation) and transfer of construction leases (Article A.444-104 and Article A.444-106)

Transaction value Discount rates (per corresponding tranche)
Under 10,000,000 € 0 %
From 10,000,000 € to 20,000,000 € 10 %
From 20,000,000 € to 30,000,000 € 20 %
From 30,000,000 € to 40,000,000 € 30 %
Over 40,000,000 € 40 %

4 Gifts and settlement gifts/donations

Art. A. 444-67. – Deeds relating to gifts/donations between living persons (number 16 to 19 of table 5)
Art. A. 444-68. – Settlement gifts/donations (numbers 20 and 21 of table 5)

4.1 Applied discounts on such deeds, excluding transfers under Dutreil covenant:

Transaction value Discount rates (per corresponding tranche)
Over 10,000,000 € 10 %

4.2 Applied discounts to such deeds under Dutreil covenant:

Transaction value Discount rates (per corresponding tranche)
From 10,000,000 € to 20,000,000 € 10 %
From 20,000,000 € to 30,000,000 € 20 %
From 30,000,000 € to 40,000,000 € 30 %
Over 40,000,000 € 40 %

5 Other notary services

For all notary services described under articles A.444-59 to A.444-167 other than those listed above which would fall within the scope of articles A.444-174 and R.444-10, the discount rates are as follows :

Transaction value Discount rates (per corresponding tranche)
Under 10,000,000 € 0 %
From 10,000,000 € to 20,000,000 € 10 %
From 20,000,000 € to 30,000,000 € 20 %
From 30,000,000 € to 40,000,000 € 30 %
Over 40,000,000 € 40 %