Realignment of boundaries

Circumstances/Transactions:

Transfers that result in realignment of boundaries.  

Evidence:

1. The Digital Duties Form.
2. Details of any agreement between the parties.
3. Details of how the value of the portion or strip of land was arrived at or other evidence to establish its market value.
4. The area of the portion of property being transferred, as shown on the current certificate of title.
5. The area and site value of the adjoining property held by the person receiving the portion or strip of land, as shown on the current certificate of title, in order to calculate a pro-rata site value for the strip of land being transferred.
6. The relevant plan of subdivision highlighted to show the portion/strip of the property being transferred that is changing ownership. 

Any land acquired by the transferee in relation to whom they were not on title to before any subdivision of the properties is dutiable. 

If the value of the property is regarded by the parties as being negligible, the State Revenue Office still requires an estimate of the value of the portion of the property acquired by the transferee based on a per m² value of the adjoining property.