Advisory Valuation
Stamp Duty
Stamp duty applies when property is transferred between related parties. The Office of State Revenue requires stamp duty to be assessed on the market value of the asset being transferred.
Market value is defined as the estimated amount for which an asset should exchange on the date of valuation between a willing buyer and a willing seller in arms-length transaction after proper marketing, wherein the parties had each acted knowledgeably, prudently, and without compulsion.
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Clients we service:
• Major banks
• Building societies
• Finance companies
• Property developers’ originators
• Solicitors
• Accountants
• Statutory Authorities including R.M.S
• and local Councils