Question:

What is Commonwealth Bank Stamp Duty?

by Guest7048  |  12 years, 9 month(s) ago

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I read about outstanding Stamp Duty Commonwealth Bank. Can someone tell me that what is Stamp Duty of Commonwealth Bank?  

 Tags: bank, Commonwealth, duty, stamp

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  1. Guest3161
    Stamp Duty is a State Government tax payable by the purchaser of real estate based upon the purchase price of the property. Depending on individual State legislation this tax is generally paid prior to settlement. You can increase your loan to cover these costs and we will release funds prior to settlement (conditions apply). First time home buyers may be exempt from stamp duty or entitled to a rebate or concession such as the First Home Owner Grant Scheme.

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