Selling, buying or transferring a property
You are buying a property from a Local Authority
Under Local Property Tax (LPT) legislation, Local Authorities pay LPT on their residential properties based on valuation Band 1, regardless of the value of the property.
If you buy a property from a Local Authority, you do not require general, or specific, clearance from Revenue. However, you may be required to update your property's LPT valuation.
It is up to you to determine the valuation band of your property. For further information on self-assessing the value of your property for LPT, please see Valuing your property.
If you determine that valuation Band 1 no longer applies to the property that you have bought from a Local Authority, you should contact the LPT Branch. You will need to provide:
Next: Purchase, sale or transfer of more than one residential property