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Conveyancing News

Steps in converting company title duplex to torrens title in Randwick Council

Steps in converting company title duplex to torrens title in Randwick Council

With the resolution announced by Randwick Council on 17 April 2018 to change its LEP and allow subdivision of company title duplexes approved prior to 8 July 2018, I have been inundated with enquiries from company title property owners looking for more information on the process involved for them to convert their property. I have […]

No Stamp Duty on conversion of company title property to torrens or strata

No Stamp Duty on Transfer of subdivided company title property to shareholders With the recent publication of the new Low Rise Medium Density Housing Code, there may well be a flurry of activity in subdivision of company title duplexes in the Randwick Council area particularly around the suburbs of Little Bay, Chifley, Matraville and Malabar. […]

First Home Buyers Go-To-Guide for Stamp Duty

The NSW Government has a range of measures in place to improve housing affordability for certain classes of property purchasers. The policies take into account the difficulties first home buyers, in particular, face in entering the market along with the state’s growing population and the need to ensure new infrastructure and transport links remain close […]

Increased duty and fees payable by foreign buyers of residential property in NSW

As a result of changes introduced in the 2017 Budget, for agreements entered into for the purchase of residential real estate on or after 1 July 2017, the purchaser duty surcharge rate has increased from 4 per cent to 8 per cent. The surcharge is in addition to the duty payable on the purchase of residential […]
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- Brendan
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