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    Must I pay stamps on nomination as land has not titled? How can I sell for profit?

    my eyes started to glaze over even as I read the word legislation :D ...as you've all mentioned I'm getting legal advice on this so will see what they say as well.
  2. G

    Must I pay stamps on nomination as land has not titled? How can I sell for profit?

    I just called and got the same guy as yesterday and had to try and pose the questions slightly different! Same opinion though, that stamps will only be payable once. Hopefully I get someone else tomorrow...
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    Must I pay stamps on nomination as land has not titled? How can I sell for profit?

    haha...good suggestion...I'm going to ring them at least 2 more times...
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    Must I pay stamps on nomination as land has not titled? How can I sell for profit?

    Thanks Terry and tobe. The SRO advice ties in with what you said tobe, that if i don't change the price then stamps only gets paid once. This looks like the best option I think. I've already got an offer for $500k. The last release of land is being sold in july for ~$480k so I'm asking a $20k...
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    Must I pay stamps on nomination as land has not titled? How can I sell for profit?

    per the terms of the contract I can't sell for a profit - apparently so they can control the prices in the estate...stupid. I called the SRO re this and they said I would need to pay stamps but not the party I'm transferring to...so no double stamps...in which case I'll get them to reimburse...
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    Must I pay stamps on nomination as land has not titled? How can I sell for profit?

    Thanks JRC. Yes, I'm aware I'm still on the hook to settle if they don't.
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    Must I pay stamps on nomination as land has not titled? How can I sell for profit?

    Hi everyone, I've been a silent reader for a while now and have always found great advice here. Now its my turn to ask for some help please... I purchased land in a new estate back in May-14. The land only titles early-16, say March. Purchase price $450k, can sell now for $500k. My conditions...
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