Selling, buying or transferring a property

What is Revenue Clearance?

You must obtain Revenue Clearance on the sale of the property. Revenue Clearance provides confirmation that there are no outstanding Local Property Tax (LPT) issues with the property.

There are two types of Revenue Clearance:

  • General Clearance
  • Specific Clearance.

Where no LPT return has been filed, or there are outstanding LPT or Household Charge (HHC) liabilities, the property is not entitled to either clearance.

When does General Clearance apply?

The valuation declared for a property on the valuation date 1 May 2013 must be made in line with Revenue's valuation guidelines. The valuation, as of 1 May 2013, will continue to apply until 31 December 2020.

You, as the seller, should use the LPT online system to obtain general clearance from Revenue. General clearance proves to the buyer that there are no outstanding LPT issues with your property.

If the sales price does not exceed €350,000*, general clearance will apply. 

* This threshold was increased from €300,000 with effect from 1 September 2017.

Specific clearance may be required when the agreed sales price is greater than €300,000.

When does Specific Clearance apply?

You, as the seller, do not need to obtain specific clearance from Revenue when one of the four conditions below are met:

  • the sale price of your property does not exceed €350,000* (If the sales price exceeds €350,000* you will need to obtain specific clearance if conditions 2-4 are not met.)
  • the difference between the declared valuation (as of 1 May 2013) and the sales price must fall within specific limits set by Revenue (see Guidelines for the Sale or Transfer of ownership of a Relevant Residential Property)
  • the difference between the valuation and the sale price is due to expenditure on improvements to a property
  • the declared valuation (as of 1 May 2013) for the property was made in line with:
    • Revenue’s valuation guidelines
    • and
    • the sales price achieved, within the period of nine months prior to 1 May 2013, for other comparable properties in the area.  

* This threshold was increased from €300,000 with effect from 1 September 2017.

You can apply for specific clearance by completing Form LPT5 and submitting through MyEnquiries when you login online to the LPT portal.

You must include documents to support your valuation.

Documents should include at least one of the following:

All documents supplied must reflect the valuation date as of 1 May 2013.

We will review your basis for valuation and decide whether specific clearance should issue.

If you meet one or more of the above conditions, specific clearance is not required. You can obtain general clearance through the Property Overview Screen using the LPT system. You are not required to make any application to Revenue.

Both the seller and the buyer should confirm whether specific clearance is required.

Next: How to obtain General Clearance