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Our client is inheriting a 50% share of a dwelling house and surrounding 11 acres (he was the joint owner of both with his sibling who has now passed). Dwelling house relief will only apply to the dwelling house and up to one acre. Does the solicitor have to separate the remaining 10 acres to a separate folio or is it sufficient to obtain a separate valuation on each for the purpose of claiming dwelling house relief?
Also does the fact that they were joint owners of the property affect his claim of dwelling house relief?

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Asked on 6 December 2018 9:20 am