If your contract was written correctly, then there should have been either no land tax adjustment required at settlement or a minimal adjustment. The Office of State Revenue is pretty good at updating the database these days and accordingly post settlement land tax problems are now much reduced. If you get a land tax bill, check the contract and if you are liable pay, then do so as soon as possible.
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Why Choose Us?
Stratum Legal Pty Ltd delivers strategic solutions in strata law.
Our focus is strata property development, body corporate and management rights.
We are recognised experts in our field, always outcomes focused and offer flexible fee options.