The decision published in the Official Gazette on 15 March 2017 brought a reduction in title deed fees. In addition, stamp duty was set to zero for some contracts.
The title deed fee, which was 20 per thousand, will be collected at a reduced rate of “15 per thousand” for residential and commercial properties (including those with a built‑up common‑holdings right).
This discount will be in effect until 30 September 2017.
