All Topics / General Property / Has anyone owner built then sold it?

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  • Profile photo of Misty1Misty1
    Member
    @misty1
    Join Date: 2004
    Post Count: 348
    September 23, 2007 - 12:57 pm

    Has anyone owner built, NOT lived in it, then sold it? Is this allowed? Or any "stories" of selling owner built premises?

    Profile photo of TerrywTerryw
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    @terryw
    Join Date: 2001
    Post Count: 16,213
    September 24, 2007 - 2:39 am

    What state are you in?

    I think it is possible in NSW, but you are only allowed one owner builder licence ever 5, or so, years.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
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    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of Misty1Misty1
    Member
    @misty1
    Join Date: 2004
    Post Count: 348
    September 24, 2007 - 1:36 pm

    Hi Terry, I am in Vic and know I can build every 3, but I am wondering if there is any reason I wouldnt be allowed to SELL immediatley after building, and NOT having moved in myself. Thanks.

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