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Gordon Gold Member Offline Australian Politics Posts: 20373 Gordon Gender:	Stamp duty May 25^th, 2024 at 1:32pm We just bought a new Chez Gordon (ppor) and the stamp duty was more than double what I paid for my first property.
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Yadda Gold Member Offline Posts: 21207 A cat with a view	Re: Stamp duty Reply #1 - May 25^th, 2024 at 3:56pm @ OP, Stamp duty = = You have demonstrated by your purchase, that you have some/a lot of, disposable money. We are the government, and we insist that you give some of your largess to us too.
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Bobby. Gold Member Online Australian Politics Posts: 98622 Melbourne Gender:	Re: Stamp duty Reply #2 - May 25^th, 2024 at 4:14pm Gordon wrote on May 25^th, 2024 at 1:32pm: We just bought a new Chez Gordon (ppor) and the stamp duty was more than double what I paid for my first property. And you don't even get a stamp. You don't even get a Title Deed anymore - PEXA makes it all digital now. You can't even get the old Title Deed from the previous owner.
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Sophia

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Posts: 8044

Re: Stamp duty
Reply #3 - Jul 3^rd, 2024 at 12:29am

Bobby. wrote on May 25^th, 2024 at 4:14pm:

Gordon wrote on May 25^th, 2024 at 1:32pm:

We just bought a new Chez Gordon (ppor) and the stamp duty was more than double what I paid for my first property.

And you don't even get a stamp.

You don't even get a Title Deed anymore -

PEXA makes it all digital now.
You can't even get the old Title Deed from the previous owner.

There are many elderly or those widowed that need to downsize and go into retirement villages that won’t have smart phones to download PEXA app.
Many elderly have flip phones still available for their simple purposes as a phone mainly. They are not smart phones.
So how do they get around it… selling/buying without digitised ways?
I used to love the old titles all written up with stories to tell who owned it through the ages.

But admittedly if that aging paperwork was easily lost or destroyed… then that’s the end of proof to the title/deeds to the property?

Anyway… it is all digitised now but… are older owned properties by original occupants still holding an old paper title or are they all digitised no matter what?

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Bobby.

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Australian Politics

Posts: 98622
Melbourne
Gender: male

Re: Stamp duty
Reply #4 - Jul 3^rd, 2024 at 9:00am

Sophia wrote on Jul 3^rd, 2024 at 12:29am:

Bobby. wrote on May 25^th, 2024 at 4:14pm:

Gordon wrote on May 25^th, 2024 at 1:32pm:

We just bought a new Chez Gordon (ppor) and the stamp duty was more than double what I paid for my first property.

And you don't even get a stamp.

You don't even get a Title Deed anymore -

PEXA makes it all digital now.
You can't even get the old Title Deed from the previous owner.

There are many elderly or those widowed that need to downsize and go into retirement villages that won’t have smart phones to download PEXA app.
Many elderly have flip phones still available for their simple purposes as a phone mainly. They are not smart phones.
So how do they get around it… selling/buying without digitised ways?
I used to love the old titles all written up with stories to tell who owned it through the ages.

But admittedly if that aging paperwork was easily lost or destroyed… then that’s the end of proof to the title/deeds to the property?

Anyway… it is all digitised now but… are older owned properties by original occupants still holding an old paper title or are they all digitised no matter what?

I think anyone who can't work with PEXA over their mobile phone can
do that at their conveyancer's office.

And yes - it used to be a pain looking after the paper Title Deeds.
If you lost it - it cost over $3,000 to replace it.

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Jovial Monk

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Dogs not cats!

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Re: Stamp duty
Reply #5 - Jul 3^rd, 2024 at 3:34pm

The pre-Torrens Title system, THAT was a REAL pain!

A box containing all the contracts of sale for that property, to find who owned it—the “title” you had to arrange all the contracts in date order.

Not sure any are left like that. On the east corner of King William St and North Terrace, Adelaide, is a medium sized building that was owned or leased by the Bank of NSW (now called “Westpac,” something totally meaningless.)

I imagine the title to that building was in the old system. Seems to have new owners so be a Torrens Title now.

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Get the vaxx! 💉💉

If you don’t like abortions ignore them like you do school shootings.

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