Correction issues - Land transfer tax and fair market value

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Missing or incomplete evidence as to fair market value can be corrected by way of a lawyer’s correction letter or with the Form 30, Correction to Statutory Evidence.


Exemptions from the payment of land transfer tax:

  • Land transfer tax exemption evidence cannot be corrected with a lawyer’s letter.
  • Tax exemption evidence must be provided by the party acquiring the interest in land that is tax exempt.
  • Defective or missing exemption evidence can be fixed with either Form 30, Correction of Statutory Evidence, or with a supplementary affidavit or statutory declaration.

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