Loading
Knowledge BaseNSW - FAQs
Close
Search for help articles, community posts, ideas ...
End of Search Dialog

NSW - FAQs

  • 09/09/2025
  • Knowledge

How To
Click to edit heading

Here you will find a list of NSW frequently asked Content questions with answers.

How Do I Calculate the Stamp Duty?

 

It is important to complete the matter information properly to ensure your stamp duty calculates correctly.

Conveyancing Details

 

By completing all the tabs in this layout, you will not only ensure maximum automation in the relevant precedents, but information regarding relevant stamp duty and Land Registry Services fees will be saved and accessible for your reference.

  1. Purchase Price: The consideration including GST as per front page of the Contract is essential for automatic calculation of stamp duty.

  2. GST Component & Other Consideration: Only complete if there is GST or other consideration on top of purchase price i.e. in a special condition, as both will be added for stamp duty purposes and in the settlement adjustment sheet.

  3. Duty duplicate and transfer fees: When calculating stamp duty LEAP automatically includes the duty for 1 standard transfer and 1 standard duplicate. ONLY click on Fees to be excluded and complete the number of duplicates and transfers if there are more than the standard 1 duplicate and/or 1 transfer.

  4. Electronic Notice of Sale (eNOS) ID: Complete the eNOS ID here for auto-completion on the Transfer precedent.

Concessions & Benefits

 

It is essential that the Property Type is selected. i.e. a Private Home or Vacant Land as there are different thresholds for Concessions and Grants depending on the property type.

  1. Property Type: Complete Private Home or Vacant Land in the dropdown list to determine the correct concession for stamp duty purposes.

    NOTE: If no election is made, Private Home will be assumed.

  2. First Home Buyers Assistance: If eligible for stamp duty reduction, you must select Yes in this dropdown list. If part eligible, state eligible purchaser percentage. If eligible for first home owner grant, you can make an election as to the benefit amount here from your knowledge based on the date of the contract.

  3. Premium Property Duty: Premium property duty is payable on dutiable transactions for residential land, where dutiable value exceeds $3 millions. If the duitable transaction is non-residential, choose Yes as they are exempt.

Transfer Duty & Fees

 

  1. Stamp Duty payable: Amount and whether or not a discount has been applied are automatically displayed here and pulled from the data entered in the Purchase Price and Concessions & Benefits. The stamp duty amount displayed here is used in forms and precedents.

  2. Foreign Purchaser: Select Yes if a foreign purchaser and the additional duty will automatically calculated here.

  3. Fees and Levies: These amounts are automatically pulled from Legal Rates (via LEAP Matter List, click the LEAP Menu > Other > Legal Rates).

If you are in doubt, you can go to the NSW Revenue website to verify the calculation (as shown below - comparison against the OSR Calculator).

 
Click to edit heading

The Stamp duty payable automatically includes $10.00 for a duplicate contract and $10.00 for a transfer.

Whereas the OSR Calculator advises you to add $10.00 for each duplicate and each transfer.

If there are more than one duplicate or transfer, these can be added at Conveyancing Details tab which will again automatically calculate the duty to add the additional duplicate amounts.

How Do I Complete a Purchaser Declaration?

 

Revenue NSW states each purchaser MUST complete a separate form.

  • Corporations/Government: use form [LL-NSW-OSR644] or [LL-NSW-OSR676]
  • Individuals: use form [LL-NSW-OSR644a] or [LL-NSW-OSR644b] or [LL-NSW-OSR671]

When using the Word versions you can complete the matter for spouse/partner scenario with 2 purchasers on 1 card (use LL-NSW-OSR644a for first-person if on one card and use LL-NSW-OSR644b for the second person if on 1 card). If each purchaser has their own card (use LL-NSW-OSR644a).

If there are two or more purchasers on separate cards they will have to open a new precedent and “Replace References” on LL-NSW-OSR644a.

  • Purchaser 1
  • Purchaser 2
  • etc

When using the relevant interactive PDF versions - every client on your matter will display for selection:

How Do I Enter Directions in My Purchase Reconciliation?

 

  1. Double-click on the Purchase Reconciliation table layout.

    The Purchase Reconciliation will open in a new window.

  2. Click on New Transaction. You can add all types of directions here.

 
Click to edit heading

To enter Directions that would have previously been entered in one of the three tables of the Cheque Details table:

  • Cheques requested by Vendor tab - check the Direction requested by Vendor checkbox.
  • Cheques requested from Mortgagee tab - select the Bank option in the drop-down list Funds to be drawn by.
  • Cheques requested from Client tab - select the“Client option in the drop-down list Funds to be drawn by.

Additionally, you may now nominate Directions that are to be drawn from Trust by selecting the Trust option in the drop-down list Funds to be drawn by.

Once you have entered directions, you can easily right-click and duplicate as below:

 

You can edit the duplication by double-clicking on the direction to open it. From there you can make any necessary changes.

 
Click to edit heading

The duplication follows through to the Settlement Adjustment Sheet and all By Lawyers letters.

The total from the Reconciliation does not match any of the documents noted below – this is standard.

How Do I Draft Mortgages/Discharge of Mortgage - Locked Forms?

 

A Discharge of Mortgage or Mortgage will only be drafted if the client acts for the Mortgagee (i.e. a bank, financial institution, or an individual lending money to a purchaser – who is called the ‘Mortgagee’).

 
Click to edit heading

Do not draft forms while in a Sale/Purchase Matter as it will not populate correctly, you should open a separate matter under Mortgage.

If you wish to draft forms in other matters, you must edit table types to insert Mortgagor and Mortgagee as the forms are designed for Mortgagor/Mortgagee.

Mortgage

If acting on behalf of a Financial Institution i.e. a Bank, Credit Union, or second-tier Lender, you should use the Mortgages matter type under Conveyancing & Property > Banking & Finance > Mortgages as below:

Complete the Property Details layout from the matter.

Discharge of Mortgage

The Discharge of Mortgage will only be drafted if you act for the Mortgagee and you need to open the matter under the matter type as shown below:

How Do I Complete a Transfer of Land - Locked Form?

 

The Transfer will automatically complete if you have chosen a matter under the “Conveyancing & Property” folder.

 
Click to edit heading

This form is locked in accordance with the requirements of the Land Titles Office.

Unfortunately, this means you cannot reveal the codes with ALT + F9 or Toggle Fields under Editing.

In order for the Transfer to complete automatically, you will need to fill in the following cards in a Purchase/Sale matter:

  • Transferor/Vendor
  • Transferee/Purchaser

Property Details

For the tenancy to automatically populate in Item (H) of the Transfer, the Tenancy needs to be selected in the Property Information tab in Property table layout.

Conveyancing Details

Complete the Price, Deposit and Electronic Notice of Sale (eNOS) ID in the Convey. Details tab:

 
Click to edit heading

Stamp duty block will never follow through when you complete the stamp duty part under Conveyancing Details.

This part needs to be completed manually at the time of stamping by either Revenue NSW or an Approved Revenue NSW Stamping Agent (i.e. the solicitor/conveyancer or the solicitor/conveyancer’s agent who is registered to stamp through EDR on behalf of the Revenue NSW).

Last Modified Date
9/09/2025 9:58 am
Title
NSW - FAQs
URL Name
NSW-FAQs-AU

Resolution
Forms & PrecedentsFrequently Asked Questions

💬   Need help? Sign In to chat with our new AskLEAP Assistant for instant answers, available 24/7!Sign In

Loading
NSW - FAQs | LEAP Community