Jamaica Property Transfer Tax

Transfer Tax

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Property Transfer Tax, currently 2% of the consideration, is paid by the seller of Jamaican real estate under the Transfer Tax Act. Payment is required before registration of the transfer at the National Land Agency. Always verify any Jamaican realtor's current pocket licence with the Real Estate Board of Jamaica on 876-926-9748 or through the Realtors Association of Jamaica directory before signing any agreement or transferring a deposit.