Norway

Registering Property in

Norway

Listed below is a detailed summary of the steps, time and cost involved in registering property, assuming a standardized case of an entrepreneur who wants to purchase land and a building that is already registered and free of title dispute.

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in June 2011.

  • Standard Property Transfer

  • Property Value: NOK 25,744,757.76
  • City: Oslo

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No. Procedure Time to Complete Associated Costs
1 Submit an application for registration of transfer at the Land Registry

There is no need for a lawyer or notary to be involved in the process. The application is a standard form and may be acquired in book stores and the internet. The fee to receive the title is NOK 1,548 and the stamp duty tax is 2.5% of the value of the property. If the transaction is financed by debt, the buyer has to pay a public fee to register a mortgage bond, equal to NOK 1,935. Upon refinancing an existing mortgage loan within the same loan frame, the fee to register a new mortgage deed or transporting the old mortgage deed to the new one, has been reduced to NOK 215.
As of April 1st, 2005 the registration fee and the transfer tax is to be paid after the registration, not before, and can be paid online.
Until 2004 the registration process had been performed by the local courts under the supervision of a judge (however the work is mainly executed by clerks without the involvement of any judge). Between March 2004 and 2007 the registration responsibility was being transferred from 87 public courts to the Norwegian Mapping and Cadastre Authority, which will maintain one single registration office for the entire country. The registration process was formally transferred to the Norwegian Mapping and Cadastre Authority on October 20, 2007.

Currently all documents are received by post, but the reform shall facilitate the use of electronic documents. Due to the Centralization of the registry in Oslo, the time needed to complete the only registration procedure (the registration process, in other words) has increased temporarily. The current process goes as follows: First, the required documents will be received and registered by the registry in the daily book. Second, the relevant data will be entered into database. Third, staff members will verify the data. Fourth, a deed stamped by the Register is sent by ordinary mail to the buyer. An invoice is also sent for the registration fees and stamp duty, and the payment can be made online.


Agency: Land Registry 		3 days NOK 1,548 (registration fee) + 2.5% of the value of the property (stamp duty)
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