Land sold initially to a financial institution and a natural person and then leased to natural person
Sections:
s57 A 1(a) & (b)
Lodgement category:
Unrelated transfers with concession
Circumstances/Transactions:
A transfer from a third party to a financial institution and a natural person as co-owners, and then the financial institution leases its interest in the land to the natural person for a fixed term (the first transaction).
The first transaction is dutiable.
Evidence:
- Digital Duties Form.
- The transfer to the financial institution.
- The lease between the financial institution and the natural person.
- The original or full copy of the contract of sale between the third party and the financial institution.
Lodge documents after settlement directly with the State Revenue Office
Last modified: 6 August 2025
