Conveyancing
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General exceptions to Transfer Duty
Your transaction may also be exempt from transfer duty if:(1) the contract is terminated or comes to an end;(2) it is a transfer pursuant to a Family Court order, maintenance agreement or binding financial agreement;(3) it is a transfer between de fa...
Related Parties purchasing property from one another
You must tell us if you have a business or personal relationship with the seller or if the consideration for the sale is less than market value.If so, this will have duty implications and we will require for duty assessment purposes a valuation of th...
Aggregation of Transfer Duty when buying more than one property
If you buy 2 or more properties or enter into 2 or more contracts that the Office of State Revenue considers arise from the 1 arrangement you may be liable to pay more transfer duty based on the aggregate value of the assets being purchased.Please co...
Seller’s Warranties
The seller warrants various things that could affect the property, such as:• correctness of title, • capacity to complete, • no judgments, orders or writs affecting the property, • no unregistered dealings, • no notices of body corporate meetings and...
Property Adversely Affected
If the property is affected as at the contract date because:(1) the present use is not lawful;(2) the land or common property is affected by a proposal of a competent authority e.g. Transport Infrastructure;(3) access or any services to the land or c...
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