A buyer who acquires a residential property subject to an existing tenancy and claims a first home concession under s 92 of the Duties Act 2001 (Qld) does not 'dispose of' the land within the meaning of s 154(2) merely by virtue of the continuation of that tenancy. Section 154(2) requires a positive act of leasing or granting exclusive possession by the transferee. The statutory definitions of 'lessor' (including assignees) do not convert a transferee of the reversion into a person who has leased or granted possession for the purposes of s 154.
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