Property Donations in Uruguay
The donation of real estate must be formalized through a public deed before a notary and subsequently registered with the Registry Office.
Property Transfer Tax (ITP)
For donations, the ITP rate is 4% of the cadastral value — 2% borne by the donor and 2% by the donee — except for direct-line exemptions.
Recommendations
- Request a registry certificate to verify liens.
- Update the cadastral certificate before signing.
- Consider the fiscal effects of IRPF for onerous donations.