a State Government tax charged to the owners of any property over a stipulated value, unless it is their principal place of residence.
Land Transfer Registration
a State Government tax assessed on the selling price of the property.
a document granting a period of tenancy of a property under specific terms and conditions.
someone's debts or obligations.
the right to hold property as security against a debt or loan.
Line of Credit
a flexible loan arrangement with a specified ceiling to be used at a customer's discretion.
Loan Security Duty
mortgage stamp duty.
Loan to Valuation Ratio
(LVR) the ratio of the amount lent to the valuation of the security (usually the house).