Conversion of property to unit title

Conveyance duty is not imposed on the transfer of a unit if the transfer is part of an arrangement under which the transferee will take an interest in the unit similar to and in substitution for the interest the transferee had under the land use entitlement immediately before registration of the units plan.

Have you entered an agreement to transfer dutiable property in the ACT?

All concessions and exemption applications at the ACT Revenue Office are self-assessed. You are obligated to ensure that all the eligibility criteria have been met (or will be met) before applying for any concession or exemption code in the Buyer Verification Declaration.

You should undertake your own inquiries into the eligibility requirements. This may include obtaining information from this website, legislation, or independent professional advice.