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Property professionals guide: First Home Buyers Assistance Scheme

A guide to assist property professionals understand the legislative and operational requirements under the First Home Buyers Assistance Scheme (FHBAS).

This guide centralises key information on the First Home Buyer Assistance Scheme (FHBAS) and provides industry professionals the legislative and operational requirements under the First Home Buyers Assistance Scheme (FHBAS).

For a comprehensive understanding of the FHBAS scheme, it is recommended that the guide is read in its entirety.

Chapters

1. Overview

First Home Buyers Assistance Scheme thresholds, tools and resources.
2. Eligibility criteria

Learn about the eligibility criteria for the First Home Buyers Assistance Scheme.
3. Application and lodgement requirements

Evidentiary requirements and processing FHBAS applications in eDuties and EDR.
4. Off the plan purchase contracts

Information on deferring transfer duty on off the plan purchase contracts.
5. Equity partners

Special concession for transactions involving shared equity arrangements.
6. Surcharge purchaser duty

Surcharge purchaser duty and the First Home Buyers Assistance Scheme.
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1. Overview