How do children transfer property after their parents die?

How to transfer the property after the death of parents: to inherit the property, you need to determine the right of inheritance, obtain the death certificate and the heir certificate, notarize the inheritance certificate, and finally go through the transfer formalities at the housing management trading center. The expenses include notarization fees and personal income tax, which can be exempted if the family only has one house and has purchased it for more than 5 years.

Brief introduction of real estate transfer

The transfer of real estate refers to the whole process of obtaining real estate through transfer, sale, gift and inheritance. , and go through the formalities for the change of house property right at the house ownership registration center, that is, the property right of Party A is transferred to Party B, and the transfer of real estate includes the transfer of inherited real estate, the transfer of donated real estate and the transfer of second-hand housing.

2. What are the procedures for property transfer after the death of parents?

The specific processing steps are as follows:

1. First of all, children need to determine their inheritance rights when applying for inheritance property transfer. If their parents have other legal inheritance circumstances, they need to obtain the written consent of other heirs to give up their property inheritance rights. If parents made a will when they were alive, they should abide by the provisions in the will.

2. Secondly, children applying for inheritance property transfer also need to obtain the decedent's death certificate and their own heir certificate. The decedent's death certificate needs to be handled by the public security bureau where the decedent's household registration is located; The heir certificate needs to be handled by the Municipal Public Security Bureau or the District Public Security Bureau.

3. After the children apply for inheritance property transfer, they need to go to the notary office for notarization and get the inheritance certificate. When handling notarization, the death certificate of the owner of the house, the list of legal heirs issued by the legal authority, and the will (if any) made by the original owner of the house shall be provided, and the original will shall be submitted at the same time.

4. After obtaining the above certificate, children can apply for inheritance of real estate transfer, and can bring relevant materials, including their identity documents, identity certificates, parents' death certificates, real estate licenses and other materials to the housing management trading center where the house is located to apply for transfer.

5. The transfer of real estate involved in inheriting real estate, like other situations, needs to pay related taxes and fees, and many of these taxes and fees are related to the price of the house. Therefore, it is necessary to evaluate the house. The appraisal company will conduct professional price analysis and property price appraisal according to the important factors such as the road section, sitting direction, floor and age of the house, so as to determine the accurate property market price. This evaluation report needs to be submitted to the housing management center.

6. After paying the taxes and fees, I went to the housing management center to handle the house transfer procedures.

In general, the process of property inheritance after the death of parents is roughly as described above. If it involves the inheritance of property ruled by the will or the court, relevant materials need to be submitted together.

Third, the cost of inheriting property.

Details are as follows:

(1) notary fee 40 yuan/m2 * area of property right certificate.

(2) Inheritance Notarization Fee 80 yuan/Single Waiver Inheritance Notarization 80 yuan/Person Note: When the inherited property is transferred or sold again, personal income tax will be levied at 20% of the income, but as long as it is the only house in the family and has been purchased for more than 5 years, it can be exempted from personal income tax, and the policy of personal income tax being levied first and then returned is also applicable.

Legal basis:

People's Republic of China (PRC) Civil Code:

Chapter II Legal Succession Article 127 Succession shall be carried out in the following order: (1) First order: spouse, children and parents; (2) The second order: brothers and sisters, grandparents and grandparents. After the inheritance begins, the successor in the first order inherits, and the successor in the second order does not inherit; If there is no successor in the first order, it is inherited by the successor in the second order. The children mentioned in this part include children born in wedlock, children born out of wedlock, adopted children and stepchildren with dependency. The parents mentioned in this part include biological parents, adoptive parents and step-parents with dependent relationship. Brothers and sisters referred to in this part include brothers and sisters of the same parents, half-brothers, adopted brothers and sisters, and stepbrothers and sisters with dependent relationship.