Rpgt tax, Inheritance property charge for rpgt tax
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 Sep 18 2021, 07:10 AM, updated 5y ago
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#1
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Probation
9 posts Joined: Sep 2021 
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There's a property inheritance passed down from the mother as she passed away few months ago.
Question: 1. Change of ownership from mother to the child, would the current market price be stated in the new ownership document? 2. Can the ownership transfer process be skipped, and straightaway sell the property? |
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Sep 19 2021, 05:34 PM
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#2
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Probation
9 posts Joined: Sep 2021
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QUOTE(ycyyjoanne @ Sep 18 2021, 05:40 PM) 2. you can with court order to sell If without court order, is it possible? |
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Sep 19 2021, 05:35 PM
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#3
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Probation
9 posts Joined: Sep 2021
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QUOTE(mini orchard @ Sep 18 2021, 11:32 AM) 1. No For the seller side, any difference if decided to sell without waiting for the transfer to be completed?2. No. Complete the tranafer b4 selling the property .... just in case there are some issues with the transfer, the seller may be liable to pay compensation to the buyer if the sale is aborted. |
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