C1SCHEDULE 5HIGHER RATES RESIDENTIAL PROPERTY TRANSACTIONS

Annotations:
Modifications etc. (not altering text)

C1PART 3BUYER IS AN INDIVIDUAL: MULTIPLE DWELLING TRANSACTIONS

Two or more buyers

I1C112

Where there are two or more buyers who are individuals in a transaction—

a

the transaction is a higher rates residential property transaction if paragraph 11 applies in relation to any one of the buyers;

b

an intermediate transaction (within the meaning given by paragraph 18(2)) is to be treated as a higher rates residential property transaction if paragraph 18 applies in relation to any one of the buyers.