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Very true. I am extremely confident of the exemption though. And in worst case scenario my son pays $6k more in land tax but the vendor does not get an undeserved 30k!!! These exemptions are meant to benefit low income earners, not multi-millionaires. Terry- you must write a book. A...

Fabulous!!! Terry- you are worth your weight in gold. I will be in contact for all my future transactions because I am so fed up with my solicitor/conveyancer who has no idea. The vendor tried to demand settlement today, with my son paying 80% of the land tax bill (30k). As the property...

My son is purchasing a boarding house in NSW that is land tax exempt. To get the exemption, however, the owner must apply to OSR each year with a stat dec stating the property is a BH and will continue to be a BH through all of 2015. The vendor has already applied, but the OSR have not...