Specific Performance
This process prevents the seller/developer from re-selling a property to another buyer and provides an absolute safeguard to the buyer until the application to the Council of Ministers has been made and approved. The Contract of Sale must be deposited at the Land Registry within two months of being signed and stamped. Your solicitor will do this as part of his duties.
Other Links
- Price and Payment Terms
- The Cost of Purchasing and On-Going Expenses
- Approval of the Council of Ministers
- Specific Performance
- Stamp Duty
- Property Transfer Tax
- Local authority tax
- Solicitors
- Banks
- On-going expenses
- Maintenance charges
- Living expenses
- Home insurance
- Retirees
- Personal taxation
- Income tax and NI
- Inheritance Tax
- Selling your property
- Capital Gains Tax