3 3CPOII Registered User Messages 3 15 Sep 2016 #1 I will be receiving a site from a parent which has a half constructed garage on. There had previously been planning permission for a 4 bed house but this has since ran out. What is the procedure for having this signed over to me and what tax is liable on this? I assume we have to get it valued and the tax will be based on this, are there any other formalities?
I will be receiving a site from a parent which has a half constructed garage on. There had previously been planning permission for a 4 bed house but this has since ran out. What is the procedure for having this signed over to me and what tax is liable on this? I assume we have to get it valued and the tax will be based on this, are there any other formalities?
I Ihana Registered User Messages 122 15 Sep 2016 #3 You need to talk to a solicitor. Your parents will need their own solicitor. They will look after it. you will be asked to get a valuation of the property for the transfer.
You need to talk to a solicitor. Your parents will need their own solicitor. They will look after it. you will be asked to get a valuation of the property for the transfer.