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  • Claim For Home/first Home Transfer Duty Concession (form D2.1 ... - Osr Qld Gov

Get Claim For Home/first Home Transfer Duty Concession (form D2.1 ... - Osr Qld Gov

FORM OSR D2.1 Version 9 20 March 2013 Duties Act 2001 Section 95 Guide to claiming a home or first home transfer duty concession Keep this guide for future reference. It contains important information.

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Please refer to the Queensland Government website for the most up to date information. Summary: “Stamp duty” is also called “transfer duty” Each state has different stamp/transfer duty requirements.

Stamp duty is paid by the buyer, not the seller, at the time of settlement of a property purchase. This could be anywhere from 14 days to 100 days after contracts are exchanged – it depends on the contract.

As with other states and territories, if you're buying a residential property in Queensland, you'll need to pay stamp duty. However, unlike some parts of the country, concessions aren't limited to first-home buyers. Those planning to occupy their home, rather than invest, may also be eligible for a discount.

The only ways to avoid Stamp Duty in QLD are when transfering to/from your partner or through a Government exemption: Home Concession, First Home Concession or First Home Land Concession.

If your first home is valued up to $500,000, you pay zero stamp duty. That's a saving of up to $15,925, which is the maximum stamp duty rebate available to first home buyers in QLD. Additionally, savings on stamp duty may still be available if you pay between $500,000 and $550,000 for your first home.

Every buyer or investor purchasing property is required to pay stamp duty in Queensland. However, an exception to that is First home buyers in Queensland who may be eligible to the First Home Buyers Stamp Duty Rebate.

All dutiable transactions of property or land (including gifts) attract stamp duty in Queensland. Unless an exemptions or concession applies, the transaction is charged with duty based on the greater of the market value of the property, or the consideration (price paid) - including any GST.

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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