Revenue NSW 2024 Section 47 Clearance Certificate is now available to order through the triSearch platform.
The 2024 Section 47 Clearance Certificate went live for triSearch clients on Monday, December 11, 2023, in line with the release date of Revenue NSW.
Revenue NSW is encouraging all conveyancers practicing in NSW to only order the certificate after settlement dates have been scheduled.
“Please ensure requests for a clearance certificate are done once settlement has been scheduled. Processing times may take up to 10 business days from the request date.
At settlement, you will need to provide to the purchaser one of the following documents:
- The Section 47 land tax clearance certificate showing a charge, either a vendor or purchase copy;
- A copy of a notice of assessment (if due date has not passed); or
- If the due date has passed on the notice of assessment, the Amount to Clear (ATC) / clearance quote.
The charge on the land will be considered removed upon payment of the amount shown on any of these documents.
Please note: A clear clearance certificate does not absolve the vendor from any liability or potential future liability, but rather protects the purchaser.
For further information on applying for a clearance certificate, please visit Buying or selling a property.”
More rate and threshold information can be found via the 2023 land tax year media release.
For more information the NSW clearance certificate and other available searches through the triSearch platform, contact us today.