easements and stamp duty

Discussion in 'Legal Issues' started by drfuzzy, 12th Oct, 2016.

Join Australia's most dynamic and respected property investment community
  1. drfuzzy

    drfuzzy Active Member

    13th Sep, 2015
    My neighbour (the body corporate of a block of apartments) has agreed to allow me expunge an obsolete easement on my property provided I pay all costs. The have also requested that I update their plan of subdivision and the altered plan of subdivision be registered with the titles office at my cost.

    I am not sure what these costs are. My main concern is stamp duty. If stamp duty is payable on their property it could run into hundreds of thousands of dollars.

    Can a plan of subdivision on a neighboring property be altered to remove an easement without stamp duty? The relevant state is Victoria.
    Last edited: 12th Oct, 2016
  2. Scott No Mates

    Scott No Mates Well-Known Member

    18th Jun, 2015
    Sydney or NSW or Australia
    Contact a surveyor - after 7 years of uni/post grad they may be able to provide you with some answers.
    Colin Rice likes this.