Glossary

Transaction Details
Settlement Date The date that settlement is anticipated to occur.
Document Date The date that the document was executed.
Contract Date The date that the contract was last executed.
Possession/Occupation Date The date that the purchaser is anticipated to possess or occupy the property - if different from Settlement Date.
Consideration The amount of money paid by the transferee to the transferor for the land as per the contract for sale and purchase of the land.  This must refer to the land consideration only and not include consideration for plant, equipment, stock, chattels etc.  If the contract does not apportion the consideration, use the CV to determine the duty.
Market Value Where there is no consideration paid or for related parties the consideration is less than the market value, you will need to enter the market value of the interest in the property being conveyed.
GST Payable Indicate the amount of Goods and Services Tax (GST) payable on the sale of the property - if applicable. Note: this figure should also form part of the total consideration – not be in addition to the consideration.
Interest Transferred as a Percentage Indicate the percentage interest of the property being transferred. Note: this does not impact the amount of stamp duty that is calculated in the system.
New Building or Housing Indicator Indicate if the building/house has not been previously occupied or sold.
Residential Off the Plan Indicate if the contract for the purchase of the home is on a proposed lot in an unregistered plan of a subdivision of land.
Purchaser &Vendor
Related/Unrelated
Includes persons who are connected by blood or marriage and also includes “related persons” as defined in section 60A(6) of the SD Act, which includes:
  • natural persons who are either members of a partnership or who are related as spouses or as a parent and a child;
  • related companies for Corporations Act 2001 purposes;
  • trustees who have a common beneficiary in relation to their individual trusts;
  • natural person and a company, where the natural person is a major shareholder, director, secretary of the company or in another related company;
  • natural person beneficiary and the trustee of the trust; or
  • company and a trustee under certain circumstances (refer Section 60A(6)(f) of the Stamp Duties Act 1923)

Property Details
Residential/Non-Residential Indicate whether the land is used as residential or non-residential.
The following are examples of the main property types which should be classified as ‘residential’.   These classifications apply irrespective of whether the property being conveyed is established or newly constructed, and irrespective of whether it is purchased for owner occupation, investment (rental) or business use:
  • houses;
  • flats;
  • units;
  • apartments;
  • holiday homes;
  • vacant land zoned as residential use (if known);
  • permanent houseboat moorings;
  • permanent caravan park sites; or
  • farms and other primary production land - only if predominantly for residential use.
There will be instances where a conveyance of real property has mixed uses – e.g. a shop with a house/flat attached.   In such instances the predominant use of the property should determine whether it is classified as residential or non-residential.  Indicators of the predominant use may include which potential uses are most active currently, the respective floor area of the actual uses (if able to be determined) or the separate valuation of each of the respective uses.
LUC Land Use Code. For details of Land Use Codes please refer to State Valuation Office list.

Purchaser and Vendor Details
Individuals that are Australian Citizens
Given Names First and second names - as applicable. Do not include maiden family name.
Nationality or Citizenship If purchaser/vendor is a citizen of more than one country (e.g. born in Britain, but citizen of Britain and Australia) then country selected should be Australia.
Individuals from Overseas
Passport Number The number recorded on the individual’s passport if Nationality/Citizenship field is not Australia.
Visa Number The visa number recorded in the individual’s passport if Nationality/Citizenship field is not Australia.
Visa Subclass The visa subclass recorded in the individual’s passport if Nationality/Citizenship field is not Australia.
Visa Expiry Date The visa expiry date recorded in the individual’s passport if Nationality/Citizenship field is not Australia.
FIRB Application  Number The Foreign Investment Review Board (FIRB) Application Number allocated to a foreign entity on their application to purchase the property (Purchaser), and/or original purchase of the property (Vendor).