loader image
Real Estate Glossary

Acquisition cost

inflation calculator
Richard Wilson
Written by Richard Wilson

This is the all-in cost to purchase an asset, be it a piece of land or a property, plus the associated transfer cost. This includes appraisal fees, commission, credit report, attorney’s fees, documentation preparation, surveying, paying off liens, and other necessary expenditures before sales taxes. This amount is considered the property’s or the asset’s book value.

This is the all-in cost to purchase an asset, be it a piece of land or a property, plus the associated transfer cost. This includes appraisal fees, commission, credit report, attorney’s fees, documentation preparation, surveying, paying off liens, and other necessary expenditures before sales taxes. This amount is considered the property’s or the asset’s book value.

About the author

Richard Wilson

Richard Wilson

Leave a Comment