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  • Sro Duties Form 53d (principal Place Of Residence (ppr ... - Sro Vic Gov

Get Sro Duties Form 53d (principal Place Of Residence (ppr ... - Sro Vic Gov

Duties Form 53D Principal place of residence (PPR) concession declaration Need help? Contact us. Phone 13 21 61 Email sro sro.vic.gov.au Part A - Do you need to complete this form? What is the purpose.

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The term “principal place of residence” means the one place of residence of a person, whether within or outside Australia, that is the principal place of residence of that person.

The land you own and occupy as your home is your principal place of residence (PPR) and is exempt from land tax.

Your primary residence (also known as a principal residence) is your home. Whether it's a house, condo or townhome, if you take up occupancy there for the majority of the year and can prove it, it's your primary residence, and it could qualify for a lower mortgage rate.

This starts at 1.4% for properties valued at $25,000 or less. For properties valued at more than $25,000 but less than $130,000 the rate is $350 plus 2.4% of the dutiable value that exceeds $25,000.

Eligibility. The principal place of residence concession (PPR) is available as a stamp duty reduction when you buy a new or established property, valued up to $550,000, and intend to move in within 12 months of your settlement date and live there as your primary home for at least one year.

If you own and live in just one home, then that property is your main home. If you own or live in more than one home, then you must apply a "facts and circumstances" test to determine which property is your main home. While the most important factor is where you spend the most time, other factors are relevant as well.

A principal place of residence (PPR) duty concession is available when you buy a new or established property valued up to $550,000, which you intend to move into within 12 months of your settlement date and live in as your primary home for at least a year.

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© Copyright 1997-2025
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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