How are caveats assessed?
A caveat under the Real Property Act 1900 in which an estate or interest is claimed under an unregistered mortgage is chargeable with duty.
The amount of duty is:
if the mortgage is chargeable, but not stamped, with mortgage duty--the same amount as is chargeable on the mortgage, or
if the mortgage is stamped, or is not chargeable, with mortgage duty such as under 221B or 221C - $10.
More information
Last updated: 2008-05-09
