Stamp Duty when Buying Property

Stamp duty is a tax payable by buyers when registering the transfer of property title in Kenya.

What is Stamp Duty? Stamp duty is charged on instruments that transfer property ownership, including sale agreements and title transfer documents.

Key considerations: - The rate of stamp duty depends on the nature and location of the property - Stamp duty is typically calculated as a percentage of the property's declared or assessed value - Payment must be made before the title transfer can be registered - Failure to pay stamp duty may result in penalties and delays in registration

Important note: Stamp duty rates and procedures are governed by Kenyan law and may be updated from time to time. This information is provided for general guidance only. Please consult a legal professional or the relevant government authority for current rates and requirements.