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Transfer Tax

This is a  Government Tax paid by the vendor (seller) at a rate of 5% of the sale price or market value of the property. It is paid to the Stamp Office for transfer of property in land transactions.

 

See Transfer Tax Act

 

 

 

 

BEFORE YOU GO

Learn How To Buy An Apartment or Condo in Jamaica

This FREE (and highly resourceful) eBook will give you several tips and strategies to help you buy an apartment or condo.

I do not want to buy an apartment