When is payment due for Stamp Duty and Registration fees?
If you are intending to purchase a property through the use of finance from a bank or other lending institution, then the payment of Stamp Duty and Registration fees will generally be advanced by your chosen lending institution, be it bank or other, at settlement. If you are providing the funds yourself then Balben Property Transfers will need to attend the Stamping and Lodging of the documents within 90 days of settlement, or penalties apply.
Related Questions
- Are incidental charges such as brokerage, registration fees, stamp duty and other charges arising out of sale of residential property deductable from profits arising out of the sale?
- Whether incidental charges like brokerage, registration fees, stamp duty and other charges arising out of sale of house property deductible from profit arising on sale?
- What are the provisions regarding payment of stamp duty and registration charges?
