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Hi Terry, Yup, we did, took awhile to get it sorted as we had to avoid double stamp duty but all done successfully - and at considerable cost. Tobe, my understanding was that where a subdivision took place where there was some kind of consideration - in this case my employer, vals didn't...

Just a follow up, after three months of trying to make the deal happen I was finally able to do so through a friend who was kind enough to loan me the funds until such time as the title comes through. Settlement was last week with the property being held in trust until such time as the...

Thanks again for everyone's replies, gave me a much needed understanding of the challenges I was facing, hopefully we'll have it sorted by Wednesday. Another question I'm regards to valuing, the property I'm purchasing is around the 200k mark as part of the subdivision, it will be worth...

Thanks all for the replies so far, Brady, it has currently been lodged with the Development Assessment Commission by the surveyors. Is that the same thing or a stepping stone on the way to the LTO? Aaron_C, that's sort if whats being bugging me as I've tried to get my head around it, isn't the...

Hmm, so no real way around the issue? I didn't see it coming, mainly because I know of a number of ag type loans that have been settled on a deed of trust over a title prior to subdivision. So even though they'd have a title worth 430k to mortgage it would still be a problem?

Been lurking for awhile - lots of great info around here - but I need to ask some advice. Rural property totalling just over 400 acres has come on the market. I've agreed to purchase a portion thereof, approximately 107 acres which includes the house, sheds, improvements etc in conjunction...