Selling, buying or transferring a property

Overview

When selling, buying or transferring a property there are certain duties on both the seller and the buyer. It is important that Local Property Tax (LPT) clearance is in place prior to the closing of the sale or transfer of the property. The LPT return and all LPT payments must be made before completion of the sale. If you claimed an exemption from LPT, your record will show that your property is exempt.

If you are a liable owner of a property on the liability date you are liable to pay the LPT. The liability date for LPT for 2013 is 1 May 2013 and for any other year it is 1 November in the preceding year.

Next: You are selling a property