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A Dictionary of DutchnessKKThe letters KK in housing adverts stand for kosten koper. This means that all the costs involved in buying a house such as the cost of transferring ownership in the land registry, of drawing up the contract by a notary and the 6% property transfer tax, are to be paid by the buyer. This adds around 10% to the price of a house. Quite a hefty amount but fortunately some of this is tax-deductible. |
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