Stamp Duty Query

J

Jaydee

Registered User
Messages
48
ARE THERE ANY OTHER EXEMPTIONS/RELIEFS
APPLICABLE TO RESIDENTIAL PROPERTY?​
Yes. A transfer to an Owner Occupier of a ​
​
new house/apartment where a
Floor Area Certificate has been issued by the Department of the
Environment and Local Government is exempt.
This is taken from the revenue website leaflet sd1.

My query is...

I am buying a property which has a Floor Area Certificate. Does this mean that I dont have to pay any stamp at all regardless of whether I am a FTB or not?​

 
Hi Sarah

It is an apartment in a period property that has been renovated. It has just been completed, although some remain unfinished. This is the first occupation as they did not exist before. I assume the the apartment is considered 'new' as it didnt exist before and this is why it has been given a floor area certificate.

Does this make sense?
 
Hmmm - interesting! I guess they would be considered new but you might want to check with the revenue and/or your solicitor.

Sarah

www.rea.ie
 
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