Recorded Webinar: Options and Nominations – Stamp Duty Questions and Answers (NSW)

Options and nominations have dutiable implications. This session examines the key problem areas for NSW, including:

• Transfer of options to purchase land – a state comparison

• Novation assignment and nominations of options to purchase land

• Who pays the duty and when does liability arise?

• Call options, and Put and call options – what are the duty requirements?

• Purchaser exercising right to nominate – conditions to avoid extra duty

• Sub-sale provisions – parallel land and building arrangements

• Nomination and land development – risk of additional duty