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GOVERNMENT
LIAISON DETAIL
This page last updated
11/03/2008
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Detail |
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11/03/2008 |
PAYMENT
OF STAMP DUTY AND REGİSTRATİON OF CONTRACT A PRACTİCAL GUİDE
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1) STAMP DUTY should first be paid at the
Tax Office. İn Girne this is the same office as for payment of Car Tax and
Licences. İt is down the road opposite the turning to the Wednesday Market and
the Police Station. left just past the Fountain Roundabout heading towards the
Lefkosa roundabout. The Tax Building is a white building approx. 200 yards on
the right. İnside go to the payment office the first office on the ground floor
on the right, keep to the in the left hand queue but also check this is the one
for stamp duty only.
Requirements.
a) 2 Copies of the contract (one must be the original). The original will be
returned to you with the necessary Tax Stamp.
b) Cost is 0.5% of the contract price until the 31st March AFTER THİS DATE THE
CHARGE WİLL BE 1.5% on older contracts.
Payment in Sterling or YTL with Cheques accepted if drawn on a TRNC Bank.
2) REGİSTRATİON OF CONTRACT
The Land Registry Office is between the Post Office and the Law Courts.
Registrations are currently only being accepted from 8.30 am and 12.00 am Monday
to Friday not in the afternoons.
Requirements
a) 2 Copies of the Contract, one of which must be the original and both must
have the Tax Office Stamp.
b) 2 Copies of Passport of names on the contract. Copies of back inside page
also the page showing a current residency stamp.
c) 2 Copies of the Site Plan. This is the sheet/plan showing the site plot, one
copy to be the original stamped by the Land Registry Office the must be
highlighted in colour if not a colour copy.
d) 2 Copies of the House Plan. İnternal as per the Builders layout or as
supplied by the Estate Agent.
e) 2 Copies of Form N34A. Obtained from your Lawyer or from the Land Registry
Office. This is a one page form in Turkish asking for SATAN The Vendors Name
address and Passport Details. SATAN ALAN Purchasers Name etc.
f) 2 Copies of the Declaration this is the new form in English and Turkish and
avoids on contracts before 2-1-2008 the need for a Turkish translation of the
contract.
The standard Charge is 44.5 YTL payable in cash the correct change will help.
Contracts prior to 2-1-2008 must be registered by the 8th April.
Translations in Turkish are required on all new Contacts from 3-3-2008
and shortened translation will be accepted on contracts signed between 2-1-2008
and 2-3-2008
Thanks to Committee Member Alan Peek for this information
Stuart Baird
Government Liaison
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