Court of Jersey
hereditary contracts in the Public Registry
With effect from the date of
this Practice Direction, contracts of sale, gift, transfer, partage, lease,
licence of Immovable property with the exception of (i) contracts of transfer
of immovable property by reason of an order made by the Court under Article 28
of the Matrimonial Causes (Jersey) Law 1949 or Article 48 of the Civil
Partnership (Jersey) Law 2012; (ii) contracts of transfer of the matrimonial
home or civil partnership home; (iii) contracts of transfer of immovable
property originally purchased under Article 1(1)(j) of the Housing (General
Provisions) (Jersey) Regulations 1970; and (iv) contracts agreed by the
Judicial Greffier under Article 6 of the Stamp Duties and Fees (Jersey) Law
1998, registered in the Public Registry must contain the ‘prix d’argent’ (price
paid) pursuant to the Code of 1771.
If the price paid stated in such
a contract is less than the gross value as defined in Article 1 of the. Stamp
Duties and Fees (Jersey) Law 1998, where gross value is the basis upon which
the Judicial Greffier is required to calculate the stamp duty payable, then the
purchaser must file with the Public Registry evidence of the gross value at the
same time as filing a contract for approval by the Royal Court.
This Practice Direction will
come into effect on 1st February, 2020.
Page Last Updated: 03 Feb 2020