The REIQ contracts published by the Queensland Law Society (QLS) or Real Estate Institute Queensland (REIQ) are copyrighted documents which LEAP is currently restricted from reproducing the entire version of those documents.

Within LEAP, access is still available to the reference schedules of those contracts.

In order to calculate Stamp Duty, it is essential that the following dates are entered into your LEAP Matter (under the Calendar & Tasks tab):

• Contract Date
• Adjustment Date
• Settlement Date

How do I get different Stamp Duty for different Buyers for same purchase to calculate?

Where there are several Buyers that qualify for either different concessions, or a combination of concessions, and/or no concessions, this information must be entered in the Conveyancing Details table > Transfer duty & reg fees tab.

How do I calculate Stamp Duty for my Client who is a Foreign Purchaser?

If the Buyer is a Foreign Purchaser, different Stamp Duty Rates will apply - for such circumstances, ensure that Foreign Purchaser field is completed correctly to reflect this (Conveyancing Details table > Transfer duty & reg fees tab > Foreign Purchaser field).

How can I check LEAP's calculation of Stamp Duty?

Cross checking of stamp duty calculation(s) can be done against the QLD Office of State Revenue (OSR) website: https://www.qld.gov.au/housing/buying-owning-home/advice-buying-home/transfer-duty/how-much-you-will-pay/calculating-transfer-duty/estimate-transfer-duty

Information required to submit a request for a new form are as follows:-

• Form Name
• Matter type that new form would be relevant to:
  • Jurisdiction > Area of Law > Matter type > Form type
    • For example: SA > Estates > Probate > Supreme Court > Affidavit of Executor
• Reason for request e.g. –
  • New form added to existing suite of forms
  • Client wishes to use form for particular matter that they have recently engaged – is this a regular area of practice?
  • New form / new suite of forms
• New forms are not always added because they have been requested. We generally take into more consideration requests with greater weight and demand.
• Website/Department/Authority – preferably a URL link

 You must be a practitioner in QLD insured by Lexon and have permission to use Lexon documents.

When will LEAP be updating the QLS or REIQ Contracts?

LEAP does not have the QLS or REIQ contracts. Within LEAP, access is still available to the reference schedules of the QLS and REIQ contracts. Contracts published by QLS and REIQ are copyrighted documents which LEAP is currently restricted from reproducing the entire version of those documents. Please vist the links for more information:

Queensland Law Society (QLS)

Real Estate Institute Queensland (REIQ)