Is there zakah in lands and residences?
Machine translationRead the Arabic original
Q: Is there zakah in lands and residences?
A: There is no zakah in residences if they are prepared for living in.
As for lands and palaces that are rented out, zakah is due on their rent if it reaches the nisab and a lunar year has passed over it. If he spends it on his needs before the lunar year completes, or pays off a debt with it, or spends it on paths of good before the lunar year completes, then there is no zakah in it.
As for lands, houses, shops, and the like that are prepared for sale, zakah is due on their value every year, whether prices are high or low, when the lunar year is completed, provided that the owner has firmly resolved to sell them. However, if he is hesitating about it, there is no zakah in them. And success is from Allah, and may Allah send prayers and peace upon His servant and messenger Muhammad, his family, and his Companions.
A: There is no zakah in residences if they are prepared for living in.
As for lands and palaces that are rented out, zakah is due on their rent if it reaches the nisab and a lunar year has passed over it. If he spends it on his needs before the lunar year completes, or pays off a debt with it, or spends it on paths of good before the lunar year completes, then there is no zakah in it.
As for lands, houses, shops, and the like that are prepared for sale, zakah is due on their value every year, whether prices are high or low, when the lunar year is completed, provided that the owner has firmly resolved to sell them. However, if he is hesitating about it, there is no zakah in them. And success is from Allah, and may Allah send prayers and peace upon His servant and messenger Muhammad, his family, and his Companions.
Source
binbaz.org.sa
The Arabic text is copied verbatim from the original source, without any edits.