Valuation for Stamp Duty
Description: Valuation for stamp duty is the process of determining the market value of land or property to calculate the correct amount of stamp duty payable during a transfer or registration.
Conducted by government valuers, this valuation ensures that the tax levied reflects the true value of the property and aligns with legal requirements.
It involves submitting a valuation request along with documents such as the transfer form, title deed, official search, and approved building plans.
Accurate valuation for stamp duty promotes fairness, prevents revenue loss, and supports transparency in land and property transactions.
Requirements: Valuation request, title, transfer document, search, map, plans.
Charges: Free