Stamp Duty Exemptions in Family Law Settlements

Ordinarily, when a person purchases a piece of real estate, they are liable to pay stamp duty on that purchase.

Did you know that in New South Wales you are entitled to an exemption of stamp duty when a marriage or de facto relationship breaks down and because of the breakdown of this relationship a property is transferred?

Limitations on this exemption

If the property being transferred is not in New South Wales or if the transfer is from or to a company, then this may affect the stamp duty exemption.

It is always a good idea to obtain professional family law advice before agreeing to a property settlement.

Contact our Family Law Solicitors Sydney & New South Wales

If you and your former spouse or partner have reached a property settlement agreement and would like the benefit of this exemption or would like to know whether this exemption applies in your case, you can contact our office on 9281 5088 or book a consultation with our experienced Family Law Solicitor.