Definition: Costs of ownership transfer
All costs associated with acquiring and disposing of assets: professional charges or commissions, trade and transport costs separately invoiced, taxes related to acquisition or disposal of the asset, (dis)installation costs, terminal costs. The costs of ownership transfer are treated as gross fixed capital formation in the capital account. In the balance sheets such costs are, in general, incorporated in the value of the asset to which they relate even if the asset is non-produced, but for the asset land the cost of ownership transfer is a produced asset that, by convention, should be registered as part of the fixed asset land improvement.
Eurostat, Organization for Economic Cooperation and Development (OECD), "Eurostat-OECD compilation guide on land estimation", Luxembourg, Paris, 2015