Stamp Duty Valuations

Transfer Duty

Exemptions

Concessions

Application

Process

Stamp Duty Valuations are provided to the clients to not overpay the amount of stamp duty due. In many instances there are overpayments of Stamp Duty due to lack of research. Valuer will contact you to organise a time to inspect the property and provide you with the accurate valuation so you do not need to overpay the relevant stamp duty. These valuations are conducted with extensive investigation in to the relevant property and the market conditions that prevail at the time of the valuation

Transfer Duty formerly known as the Stamp Duty is duty payable on transactions on a transfer of ownership. Tranfer imposes duty on certain transactions (‘dutiable transactions’) affecting specified classes of dutiable property. Duty is charged on the "dutiable value" of the dutiable property in the dutiable transaction. This is a state duty as opposed to a federal duty.

Transfers between family members are liable to transfer duty, however some transfers may qualify for an exemption or concession. If you’ve already paid transfer duty but were entitled to an exemption or concession, you can claim a refund for up to five years. No transfer duty is payable where a transfer of residential land is between a married couple or de facto partners and the property being transferred is the family home (principal place of residence).

To apply for a transfer duty exemption or concession, you'll need to provide the original executed transfer document and completed decleration. Proof of relationship status for the partners in a relationship. Partners in a break up of relationship is also eligible for the excemptions and concessions. In case of of a break up, evidence of the financial arrangement between the parties are to be presented.