stamp duty on carparking space

I

Itchy

Registered User
Messages
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I have just put a booking deposit on an apartment and the car parking space was sold seperately as a 'licence' to park.
Is this usual?
Do I have to pay stamp duty on the space as I will not actually own
it ?

Will there be any other issues I should be aware of with this arrangement?

thanks
 
This seems highly unusual. Car spaces are generally sold and become an asset of the property owner. You are buying an investment property?
If you go thru with this, there may be some stamp duty on the licence, but this will be at lower rates than property rates.
 
Yes it is an investment property, I wonder has anyone else heard of this, The car parking was offered as an extra at 30,000 euro, as we paid the deposit the lady said it was a 'license to park' This was not in the promotional literature

I wonder has anyone else come across this?
 
Are you being given a specific car park space within the car park?
 
Bought off the plans so not yet built but we were told there would be one. It will be an underground space as far as I undersand.
 
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