M mrsbwillis Guest 13 Aug 2009 #1 My sister in buying a half share of our mother's house.The house is worth €200,000, so my sister will be paying €100,000. She is doing this through a joint tenancy, will she still not be liable for stamp duty?
My sister in buying a half share of our mother's house.The house is worth €200,000, so my sister will be paying €100,000. She is doing this through a joint tenancy, will she still not be liable for stamp duty?
M mercman Guest 13 Aug 2009 #2 Under normal circumstances property transactions between family members are liable to half of the stamp duty rate.
Under normal circumstances property transactions between family members are liable to half of the stamp duty rate.
F FKH Registered User Messages 244 13 Aug 2009 #3 You will need an independent valuation but if the value is below €125,000 then no stamp duty is payable.
You will need an independent valuation but if the value is below €125,000 then no stamp duty is payable.