When can my seller exercise the OTP to avoid paying SSD if it ends on 23 April 2025

To avoid paying the Seller's Stamp Duty (SSD), the sale of the property must be completed after the three-year holding period from the date you purchased the property. If your SSD period ends on 23 April 2025, it means you purchased the property on 23 April 2022.

For you to avoid paying SSD, the buyer must exercise the Option to Purchase (OTP) and complete the sale after 23 April 2025. Here’s a step-by-step breakdown:

- The buyer can sign the OTP anytime before 23 April 2025, but the OTP must be exercised and the sale completed after this date.
- Once the OTP is exercised, you have 14 days to pay any applicable stamp duties, but since the sale is after the three-year period, you will not be liable for SSD.

Therefore, to avoid SSD, ensure that the sale is finalized and completed on or after 24 April 2025.