[Webinar] Practical Course on Stamp Duty Rules for Common Real Estate Transactions

No. of Public CPD Points: 2.5 Practice Area: Real Estate Training Level: General Notice: SILE Attendance Policy for CPD Points

About the Programme

1) Overview of general stamp duty treatment and implications

• BSD, ABSD and SSD
• Definition of residential property (permitted use vs zoning)
• When a person is deemed to have acquired / disposed of his property
• Common industry mistakes / lapses encountered

2) Cases of stamp duty treatment in real life transactions

• Conveyance of partial / additional interest in existing residential property
• Exchange of properties
• Transfer of property from deceased’s estate
• Decoupling
• Mixed use properties (e.g. shop houses with living quarters)
• Non-residential / mixed-use development on residential land

3) Common stamp duty remissions

• Stamp Duties (Matrimonial Proceedings) (Remission) Rules
• Stamp Duties (Spouses) (Remission of ABSD) Rules
• Stamp Duties (HDB Flats and Executive Condominium Units) (Remission of ABSD) Rules
• Stamp Duties (Transfer of Interest in Property which Buyer has Interest) ABSD remission.
• Stamp Duties (Section 22A) Order
• Stamp Duties (Conveyance Direction) (Remission) Rules
• Stamp Duties (Exempt Instruments Under Section 22A) Rules
• ABSD Remission for Housing Developers

Learning Objectives

• This course will deepen conveyancing professionals’ knowledge of stamp duty rules and treatment governing common real estate transactions, as well as equip participants with practical handles to advise their clients more effectively.
• The course will also touch on common industry mistakes / lapses encountered by IRAS, as well as common stamp duty remissions, industry best practices, and professional liability and risk for legal practitioners.
• Participants will learn via a mix of in-depth case study presentations with facilitated discussions to reinforce understanding of stamp duty treatment.

Learning Outcomes

• Conveyancing professionals will be equipped with practical and applicable stamp duty knowledge to help them navigate the increasingly complex stamp duty landscape with greater confidence.
• Coverage of common stamp duty mistakes and lapses will enable conveyancing professionals to learn from and adopt best practices.

For more information, please click here for the publicity brochure.

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