Megan Johnson

Do I pay transfer (stamp) duty to transfer my property after a separation or divorce?

You may be exempt from paying transfer duty after a relationship break-up. To apply for the exemption, you must be able to provide to Revenue NSW a Court Order made under the Family Law Act 1975 or a termination agreement (commonly known as a Binding Financial Agreement). The exemption applies to both married couples and

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Buying a Property Subject to Probate or Letters of Administration – May 2020

What is a property sold subject to Probate or Administration? Buying a property subject to Probate or  Administration is when a property is listed for sale and sold without the Executor or Administrator yet being registered on the certificate of title. The deceased remains on title until such time the Court grants Probate or Letters

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New Requirements for off the plan Contracts entered into after 1 December 2019

An off the plan purchase is where a property is sold without the lot being created at the time the Contract was entered. From the 1 December 2019 Vendors are to have the following annexed to the Contract:- Disclosure Statement https://www.registrargeneral.nsw.gov.au/__data/assets/pdf_file/0006/567663/Disclosure-Statement-Form-Off-the-Plan-Contracts.pdf A draft plan prepared by a surveyor. Any restrictions or easements are to be

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