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5 years land tax pay at settlement

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  • 5 years land tax pay at settlement

5 years land tax pay at settlement

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James5893
James5893
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on ‎31-05-2019 10:34 AM

on ‎31-05-2019 10:34 AM

5 years land tax pay at settlement

We can not pay land tax for 5 years,because we did not know we need to pay land tax as the house owner under my daughter name she is oversea  for work.So the property became a foreigner owner. SRO want us to pay land tax. We sold the house. Can we pay land tax at settlement,the money deduct  from the purchaser of our property?

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  • Land tax pay at settlement
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Karolidis_and_Co
Karolidis_and_Co Community Superuser
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‎31-05-2019 10:56 AM - edited ‎31-05-2019 10:56 AM

‎31-05-2019 10:56 AM - edited ‎31-05-2019 10:56 AM

Re: 5 years land tax pay at settlement

Generally yes - the SRO and purchaser will require all unpaid amounts to be paid by settlement.

 

We suggest liaising with your conveyancer/lawyer.

Nick Karolidis
Principal Lawyer & Accountant
Karolidis & Co
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