Signing or assigning a lease
If you lease or agree to lease:
- land or buildings
- anything to do with land such as rights of way
you may execute (sign, seal or both) an instrument (written document) to transfer the property to you.
If you execute the instrument:
- in Ireland
- outside Ireland, but it relates to Irish property or something done or to be done in Ireland
you must file a Stamp Duty return and pay the Stamp Duty due. You may have a claim to an exemption or relief.
You must treat a lease or agreement to lease as a gift if the consideration is less than the market value.
Next: Leases on houses and apartments