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Deadline for contract registration for exemption scheme for first-time buyers extended

The Government Department of Information just issued a notice to advise public notaries as well as all those owners who had bought their first property by the 30th June this year, that the deadline for registering contracts with the Capital Transfer Duty Department for the exemption scheme is being extended from the 30th September 2015 to the 30th November 2015.

The noticed stressed on the fact that all other conditions, such as the requirement for the promise of sale agreement to have been registered with the Department by the 30th June 2015, remain.