Rates of transfer duty
24 Rates of transfer duty
The rate of transfer duty imposed on a dutiable transaction that is the transfer, or an agreement for the transfer, of an existing right of a holder of the following is $5—
a mortgage, including the debt secured by the mortgage, that is solely over land in Queensland;
another mortgage, including the debt secured by the mortgage, that is incidental to, and transferred in connection with, a mortgage mentioned in paragraph (a) (a primary mortgage) if the primary mortgage is the principal security held by the transferor.
The rate of transfer duty imposed on another dutiable transaction is stated in schedule 3, column 2, opposite the dutiable value of the transaction in schedule 3, column 1.
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