Aborted Sale and Purchase Agreements

BSD, ABSD and SSD remission in excess of $50 is applicable to rescinded or aborted sale and purchase agreements if the remission conditions are met.

Conditions for Remission

  1. The agreement or contract is rescinded on or after 18 Feb 2005
  2. The purchaser has not rescinded or aborted the agreement in order to facilitate the disposal of the property by the vendor to another person
  3. The application for remission is made within 6 months from the date of the rescission of the contract or agreement

How to Apply

You can apply for the remission via the e-Stamping Portal > "Request" > "Apply for Refund". You will have to login with your SingPass or Registered Account.

In the event that refund can be granted, the refund will be made to the party who is liable for stamp duty.

Please retain the following documents and submit to IRAS when requested:                                                                  

  1. Original Option to Purchase / Sale and Purchase Agreement                                                                                    
  2. Documentary evidence supporting the cancellation of the document

 

RATE THIS PAGE

  • Strongly Disagree
  • Strongly Agree

Information is easy to understand.

Information is useful.

Information is easy to find.

 
Please email us if you would like us to respond to your enquiries.