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Thread: SSD on Inheritance Property

  1. #1
    Join Date
    Mar 2008
    Posts
    693

    Default SSD on Inheritance Property

    Say if I inherit a property and I sell it 1 year later. Will I have to pay stamp duties when I first inherit the property and then pay SSD when I sell it 1 year later.

  2. #2
    Join Date
    Sep 2009
    Posts
    92

    Default

    Quote Originally Posted by stl67
    Say if I inherit a property and I sell it 1 year later. Will I have to pay stamp duties when I first inherit the property and then pay SSD when I sell it 1 year later.
    No need for both if the property is bought before 20 Feb 2010

  3. #3
    Join Date
    Mar 2008
    Posts
    693

    Default

    Quote Originally Posted by TOP
    No need for both if the property is bought before 20 Feb 2010
    Thanks TOP.

    does anyone know what wil the development charge catergory be if I convert a landed property to a cluster terrace? Is it categorized under landed or condo?

    What other kind of fees do I have to look out for?

    Thanks

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