Documents
Some Documents needed when selling or purchasing property:
Firstly you need to have the Deed :
Freehold, Leasehold, or Deed of Comfort. The property has to be free of all encumbrances such as outstanding taxes, water rates, debts and so on.
Once a buyer is secured, you have to notify your Mortgage provider and submit a copy of the Agreement of Sales signed by the buyer and seller at the time the deposit was made.
Cadastral Sheet – also known as “The Surveyor Map” – outlines the boundaries, size and measurements of the property
Cadastrals of the property to be sold and proof of the Town & Country Approvals.
A Certificate of Assessment. This has to be obtained at the relevant Board of Inland Revenue (Wardens Office) or Town Hall
The WASA Clearance Certificate. In order to be able to apply for the WASA Clearance Certificate you need a Certificate of Assessment.
The Attorney will also need:
The name/s, address/es, occupation/s and a form of ID of the Seller/s (also if different from Deed).
The name/s, address/es, occupation/s of Purchaser/s
An Official Valuation on your property so you know the market value. The Valuation has to be done by an RICS Registered Valuer or Valuation Company your bank will have an approved list.
Non-Residential Transfers (Commercial & Agricultural)
Consideration Rate
Up to $300,000.00 TT 2%
Next $100,000.00 TT 5% on the full amount
Over $400,000.00 TT 7% on the full amount
Our Office
#69 Darwill Park Olton Rd. Arima
745-3412
