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Aggregated Transfer Duty

Aggregated Transfer Duty

Q- Are you buying multiple properties at the same time? Or properties that fall over multiple lots?

A- You may be required to aggregate your transfer duty. This means that the Office of State Revenue will assess your transfer duty requirements on the value of all lots together as opposed to each lot separately. 

If this sounds like you, we suggest obtaining pre-contract advice to understand your transfer duty obligations prior to entering into any contracts as the Transfer Duty is higher when aggregated and this could change your personal circumstances in relation to purchasing the properties.

Speak to our expert legal advisors today to gain comfort in relation to your Transfer duty obligations.

Please contact our office should you require any assistance.

See also: OWNit Conveyancing frequently asked questions.

We believe the success of our business comes from treating you as an important business associate and providing you with as much support as possible in dealing with your clients. This means providing you with the highest level of service, efficient turnaround of contracts, and quick, hassle-free responses to your individual needs.

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To learn more about when the owner of a property has passed away, contact OWNit Conveyancing on 1300 553 750.