We’ve written before about the different searches a solicitor will undertake as part of the conveyancing process when you purchase a property. One of these searches that must be undertaken as part of the process is a land tax clearance search. If you are taking out a mortgage to finance your purchase your mortgagee will require this prior to settlement, but in most cases your solicitor will undertake this search even if you are not taking out a mortgage in order to avoid you taking on a land tax liability.
Land Tax Search – Liability for Payment:
When you purchase a property in Queensland, as part of the conveyancing process your lawyer will undertake a land tax search of the property to ensure there is no outstanding land tax that remains unpaid by the seller.