14-01-2022 11:32 AM
Why is stamp duty correctly assessed for a part tenancy transfer but registration fees are charged on the whole consideration and not the value of the share being transferred?
18-01-2022 10:52 AM
If you have any queries regarding registrations fees charged in PEXA it would be best to reach out to Titles Queensland discuss.
Kind regards
24-01-2022 04:21 PM
I don't know whether this will help much, but the relevant fee-fixing regulation in Queensland has -- I think -- from the year dot, set a fee for the '[transfer] of a lot or an interest in a lot'.
I suppose transfer (stamp) duty is an ad valorem tax whereas registration of a transfer or other dealing involves a service, and there is just as much work required by Titles Queensland for the transfer of an interest in a lot, as distinct from the entirety of the lot. Perhaps there will often be a bit more work for the former, in that a human brain at Titles (I assume) must check that the transferor as a severing joint, or in common, owner, has a sufficient interest to give effect to the intended transfer.