Rates account and service establishment fee
Brisbane City Council charges a rate account and services establishment fee of $195.20 including GST (valid from 1 July 2019) when a property transfers ownership.
The rate account and services establishment fee is included on the new owner's first rate account after the Department of Environment and Resource Management advises Council of the change of ownership.
It is payable within 30 days after the account is issued.
A part-fee is payable when a purchaser buys a share of the property. For example, if a new owner purchases a one-quarter share of a property, 25% of the fee is payable.
You can apply for exemption from the rate account and services establishment fee when:
- you buy your first home and live in it
- you buy your first block of land and build and occupy a home on the land within one year
- you change your name because you marry
- you transfer ownership to a former spouse/de facto/partner as part of a separation of assets – this only applies to first home buyers
- you include a spouse/de facto/partner as part of an amalgamation of assets – this only applies to first home buyers
- the property goes to surviving joint tenant/s on the death of other joint tenant/s
- there is a transfer of ownership where no money is exchanged
- there is a transfer as a result of a gift or through natural love and affection
- there is a transfer by consent/direction
- it is a public trustee transaction
- it is pursuant to a will intestacy – this occurs when ownership transfer was not made clear in a deceased owner's will
- an error in an earlier transfer of property needs to be fixed
- there is a transfer from a long-term lease to occupancy of a unit for the life of the person (freehold interest) – applies to residents of retirement villages registered with the State Justice Department.
The following purchases are not exempt from payment of the rate account and services establishment fee:
- purchases of vacant land that is not the first block of land purchased and/or a home is not built and occupied within 12 months
- purchases made in the name of a trust
- purchases made in the name of a company.
When you receive a bill for the rate account and services establishment fee, you have 12 months to apply for an exemption by completing the Rate Account and Services establishment Fee Exemption Application online form.
Alternatively, you can use the hard copy form.