General Conveyancing Archives

Real Property Gains Tax for Love & Affection Transfers

Jennifer Teh2021-08-05T16:45:12+08:00June 14th, 2021|Tags: General Conveyancing, Love & Affection, Real Estate & Property, RPGT|

In my previous article of Love & Affection Transfers, I have explained what is love and affection transfer, how to effect a love and affection transfer, as well as the exemptions of stamp duty for such transfers. The next question would be, is love and affection transfer also exempted from Real Property Gains Tax (RPGT)?

Love & Affection Transfers

What is love and affection transfers? Love and affection transfers are the transfers of properties among family members. When we say family members we are referring to spouses and parents and children but no further. So let’s see what the law has to offer if you have a property and would like to transfer to