Notaries provide the community with a complex service, they carry out a public function of the State within the framework of an independent profession.
The notarial deed not only regulates transactions between parties, but it provides added value in at least three respects:
- a contract signed before a notary is unchallengable and hence it avoids expensive and time-consuming litigation procedures;
- it is enforceable and hence it can be used to recover credits and it constitutes privileged evidence in a trial;
- the general certainty of rights ensured by the reliability of public registers provides conditions of social stability in a framework of legality which is indispensable for business transactions
What about the fees charged by notaries
How much of the bill we pay is actually the notary’s fee.
The costs of a notarial deed comprise: duties and taxes that the Notary collects on behalf of the State; expenses incurred with the public administration offices for preparing the deed and subsequent obligations to be fulfilled after the signing of the deed; and the Notary’s fee for his services.
For instance, in transferring the ownership of a second-hand car, the Notary’s fee is on average, some 20-25 euros. Most of the cost incurred by the purchaser (up to 400-500 euros) are other charges, most of which are taxes.
The Notary’s fee is regulated by a national rate that is set by law.
Users may address their queries about a notary’s fee to the Notaries’ District Office.
The amount paid includes the expenses incurred by the Notary to ensure the efficient management of his office. The Telematics forwarding of deeds to the Public Registrar’s Office is indeed possible thanks to an I.T. infrastructure that has been set up and paid by the Association of Italian Notaries. It connects the notaries to the Public Administration network.
Ultima Modifica: 02/10/2014