Stamp Duty Valuation
As a leading provider of valuation services, we assist a wide range of clients, from private customers to solicitors and businesses, in meeting State and Federal requirements. Our expertise is invaluable when it comes to obtaining accurate valuations and depreciation schedules, whether they are current or historical, and ensuring that you are fully compliant with the Office of State Revenue and the Australian Tax Office.
Q: What is a Stamp Duty valuation?
When unrelated parties sell a property, the contract price is used to calculate the stamp duty payable.
However, if the sale is between related parties, the government must ensure that the stamp duty paid reflects the market value.
To accomplish this, the Office of State Revenue mandates a Current Market Valuation Report which is used to calculate Stamp Duty that is payable. This Valuation Report is obtained from a registered valuer. This requirement applies to the transfer of real estate or businesses between family members or other related parties, as well as the transfer of property into related trusts, superannuation funds, and other related entities.
Even if no money is exchanged between the parties, stamp duty must still be paid based on the provided valuation. We at MetroVal can assist private customers, solicitors, conveyancers, and businesses by providing a concise valuation report that satisfies the requirements of the Office of State Revenue.
Private Customers: Whether you are buying, selling or refinancing a property, accurate valuation is essential to ensure that you get the best deal possible. Our experienced valuers can provide you with a comprehensive report that gives you an accurate market value of your property, taking into account all relevant factors such as location, condition, and recent sales in the area.
Solicitors and Conveyancers: As legal professionals, you need to ensure that you provide your clients with accurate and reliable valuation reports . Our team of experts can assist you in preparing reports that comply with all legal requirements and guidelines, ensuring that your clients are fully protected and informed.
At our company, we pride ourselves on providing accurate, reliable, and cost-effective valuation. Contact us today to discuss your specific requirements and learn more about how we can assist you in achieving your goals.
Our Fast and Reliable Valuation Service
At our MetroVal, we understand the importance of getting a fast and reliable valuation report. That's why we offer a cost-effective valuation service that can provide you with a report within a 48-hour period subject to access, availability, and the property being a standard house or home unit.
Our team of experienced and qualified valuers use the latest valuation techniques and methodologies to ensure that our reports are accurate and reliable.
We offer valuation services for a wide range of properties, including residential, commercial, and industrial properties. Our reports include a detailed analysis of the property's value, taking into account various factors such as location, size, condition, and recent sales of similar properties in the area.
Why Choose MetroVal?
Here are some reasons why you should choose us for your property valuation needs:
Fast and Reliable Service: We understand the importance of getting a fast and reliable valuation report. That's why we offer a 48-hour turnaround time for standard house or home unit valuations.
Experienced and Qualified Valuers: Our team of valuers are experienced and qualified, with a deep understanding of the local property market.
Accurate and Reliable Reports: Our reports are accurate and reliable, based on the latest valuation techniques and methodologies.
Cost-Effective: We offer cost-effective valuation services that provide value for money.
Personalized Service: We provide a personalized service, taking into account your specific valuation needs.