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Buying with others who aren’t eligible
If you’re buying a home with others who aren’t eligible, you can still apply for the scheme if you and any other eligible buyers are purchasing at least half of the property. This is called a shared equity arrangement.
Shared equity doesn’t apply if your spouse is one of the ineligible buyers.
Ineligible buyers who form part of a shared equity agreement, must pay transfer duty on the share of the property they are acquiring. |
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