Exemptions and concessions
Mortgages exempt from duty include:
a mortgage created solely for the purpose of providing security imposed on the grant of bail in criminal proceedings
a mortgage taken by a non-profit organisation in conjunction with a lease
mortgage of any ship or vessel, or of any part, interest, share or property of any ship or vessel
a mortgage given by the Government of the Commonwealth or a Government of NSW or by any public statutory body constituted under a law of NSW
a mortgage under the Liens on Crops and Wool and Stock Mortgages Act 1898
a charge over land that is created under an agreement for the sale of the land if any part of the deposit or balance of the purchase price is paid to the vendor before completion of the sale or transfer
an agricultural goods mortgage under the Security Interests in Goods Act 2005
Charitable and benevolent organisations (Section 275 of the Duties Act 1997).
