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From: Nelson .
Hi all.
My understanding with buying off the plan is that if you put 'name' and/or nominee as the purchaser, you will not need to pay the stamp duty (before settlement) should you decide to sell the property to another person.
Is this true and has anyone ever been able to transfer the title before settlement and not pay the stamp duty. This can you me thousands if i need to sell.
I've heard this is only true if transferring to family members.
Many thanks.
Nelson
Hi all.
My understanding with buying off the plan is that if you put 'name' and/or nominee as the purchaser, you will not need to pay the stamp duty (before settlement) should you decide to sell the property to another person.
Is this true and has anyone ever been able to transfer the title before settlement and not pay the stamp duty. This can you me thousands if i need to sell.
I've heard this is only true if transferring to family members.
Many thanks.
Nelson
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