Expenses of Sale

Expenses of Sale

When paid by the seller, these expenses reduce the sale price of property. Examples are commissions to a broker or real estate agent, title search, title insurance, legal fees, and transfer taxes.
References in periodicals archive ?
It is important that the Form 433-A or 433-B and accompanying materials adequately and fairly present the net amount that may be realized from a sale of a client's assets with proper allowance for expenses of sale, taxes and other costs.
6 percent in 1993, and a decline in net operating expenses of sales to 18.