All Topics / Help Needed! / Full Stamp Duty Rebate in NSW

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  • Profile photo of sydey99sydey99
    Participant
    @sydey99
    Join Date: 2008
    Post Count: 57
    August 28, 2018 - 3:24 pm

    Full Stamp Duty Rebate in NSW

    Hi Guys,
    I am thinking of selling my property with an offer of Full Stamp Duty Rebate to Purchasers / investors after settlement, is it legal to offer stamp Duty Rebate or Cash Back to purchasers after settlement?

    • This topic was modified 5 years, 8 months ago by Profile photo of sydey99 sydey99.
    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    August 29, 2018 - 12:40 am

    I know of no reason why you cannot offer. But lawyers have been warned by the law society against participating in rebate schemes like this where the intent is for the buyer to get a higher loan amount.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

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