Get Osr Ofh 001 Application Form January 2012

First home buyers in NSW have access to several grants, including the First Home Owner Grant and the First Home Buyer Assistance Scheme. These grants can significantly reduce the financial burden when buying a home. Understanding the details of each program can enhance your purchasing power. For seamless access to these grants, refer to the Osr Ofh 001 Application Form January 2012.

So, if you've never owned a property, you're a first-time buyer. If you've owned a home in the past, but sold it, you do not count as a first-time home buyer. The same goes for if you've sold your home to live with your parents, or broken up with your partner who you had a joint mortgage with.

First Home Owners Grant NSW eligibility You must be aged over 18. You, or at least one person you're buying with, must be an Australian citizen or permanent resident. You and your spouse must not previously have owned a home in Australia or received an Australian first home owner grant.

First Home Guarantee (FHBG) – supporting eligible home buyers to buy a home sooner, with a deposit as little as 5%. For FY2023-24, 35,000 places are available. Regional First Home Buyer Guarantee (RFHBG) - supporting eligible regional home buyers to buy a home sooner, in a regional area, with a deposit as little as 5%.

Who's eligible? Each applicant must be at least 18 years old. At least one applicant must be a permanent resident or Australian citizen. You or your spouse, partner or co-purchaser must not have previously owned a home before 1 July 2000.

The FHOG scheme provides: A one-off grant of $10,000 for first home buyers. Strictly for those building or buying new properties or carrying out substantial renovations. Not applicable for established homes or investors.

Section 501 of the Duties Act provides that an agreement for the sale or transfer of dutiable property that has been rescinded or annulled is not liable to duty in certain circumstances, and that any duty paid must be refunded.