FAQ for buyers

This seems to be an oddly frequent question – odd because if you get to the point of having made an offer, I’d like to think your agent would have explained the financing condition to you. A financing condition is defined as “a requirement that is fundamental to the very existence of the offer.” A breach of a condition allows the Buyer to get out of the contract. If your offer is conditional on financing, you have a duty to seek financing in good faith (meaning you can’t just change your mind about the house the next day and back out of the deal saying you couldn’t get financing). Whether or not you have to prove you didn’t get financing depends on the wording of the clause your agent used.

Buyers pay registration fees and notary fees in Luxembourg.

The registration and transcription fees for a property are 7% in Luxembourg.

In Luxembourg City, a 3% municipal surcharge applies to any building that is neither a single-family house, nor a rental house, nor a plot of land for building a single-family house or a rental house, thus increasing these registration and transcription fees to 10%. Detail: City of Luxembourg website (Chapter A-5 Page 19 – Municipal surtax on registration fees)

In Luxembourg, notary fees vary according to the value of the property in a range from 1500 to 3000 € in general.