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This form must be completed by all eligible purchasers and their spouse. Before completing the application, each person should read the information contained within the form and the First Home Bene ts factsheet. Where a First Home New Home application is approved and a new purchaser is subsequently added or substituted prior to settlement, a new application form will need to be completed by the additional or substituted purchaser and their spouse. Eligible purchasers claiming an.

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Stamp duty exemptions apply when transferring property between spouses or domestic partners or former spouses or domestic partners. This means when you transfer property from one spouse to another or from being under both names to being under a single name, there is no stamp duty paid. Family farm exemption.

You may be exempt from paying transfer duty on your matrimonial or relationship property after a marriage, de facto or domestic relationship break-up. A domestic relationship is one where two adults, who aren't married, live with each other to provide care and domestic support.

You must pay transfer duty within three months of signing a contract for sale or transfer, except in the case of off-the-plan purchases. If you buy off-the-plan and you intend to live in the property, you may be able to defer your transfer duty liability for up to 12 months.

Buy a new home valued at less than $800,000, apply for a full exemption, and pay no transfer duty. Buy a new home valued between $800,000 and $1 million, and apply for a concessional transfer duty rate. The amount will be based on the value of your home.

First Home Buyer Choice If you're an eligible first home buyer, you have the choice to pay an annual property tax instead of stamp duty. If you signed a contract of purchase between 11 November 2022 and 15 January 2023, you can claim a refund of the stamp duty paid through the Revenue NSW website until 30 June 2023.

As a first home buyer in NSW, you may be eligible for a full or partial exemption on transfer duty (previously known as stamp duty) under the First Home Buyers Assistance Scheme.

Stamp duty, known as transfer duty in New South Wales, is a tax placed on the value of property being bought. The dutiable value is usually the property's value on the open market. The tax is collected for the State Government by Revenue NSW and must be paid by the buyer within 3 months of the purchase.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232