What does this transaction involve

Duty applies to transactions involving any type of dutiable property, including a:

  • Transfer of land from a contract of sale
  • Transfer an equitable estate or interest in land
  • Transaction resulting in a change in the beneficial ownership of land (other than a transaction involving units in a unit trust scheme)
  • Transfer or creation of a land use entitlement.

Use the descriptions below to select the option that applies the most to your transaction.

Transfer of land

Select this option if your transaction uses a transfer of land form, instrument or deed to transfer the legal title to a property. This includes a transfer of land form you will lodge with Land Use Victoria.

Change in beneficial ownership

Select this option if your transaction involves a change of beneficial ownership without a transfer of legal title to the property. These transactions normally involve changes to the equitable interests in a property under a trust arrangement.

“Beneficial ownership” has a wide meaning and includes (but is not limited to) ownership of dutiable property by a person as trustee of a trust. It also includes the interest a person may have in a fixed trust, joint venture or trust partnership structure that owns land in Victoria.

Land use entitlement

Select this option if your transaction involves the transfer or creation of a land use entitlement.

land use entitlement is an entitlement to occupy land in Victoria conferred through:

  • The ownership of shares in a company or units in a unit trust scheme, or
  • A combination of shareholding or ownership of units together with a lease or licence.