What is the difference between Government Registration fees and Transfer Duty?
At settlement, there are various additional items required to be paid by the buyer to effect settlement. Transfer Duty (also known as Stamp Duty) is a Government Tax charged for acquiring property whereas Government Registration Fees are the Titles Office Administration Fees charged to change the land ownership into the new buyer’s names.
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To learn more about when the owner of a property has passed away, contact Ownit Conveyancing on 1300 553 750.