Definitions for the first home owners’ grant
These definitions are related to the Queensland First Home Owners’ Grant and are used in the application form or annexure.
See also definitions used for:
- Buying or building a new home—the date when the contract is made
- Building a home by an owner–builder:
- the date when laying the foundations for the home starts
- another date the Commissioner of State Revenue considers appropriate in the circumstances
Completed eligible transaction (or completion)
- Buying a new home (including off-the-plan purchases)—when you are entitled to possess the home under the contract and you have registered your ownership on the title of the land on which the home is built
- Building a new home (including by owner–builders)—when the new home is ready for occupation and any requirements (e.g. final inspection certificate) have been fulfilled
When applying for the grant, you will need to provide supporting documents, such as the title registration confirmation and final inspection certificate.
The purchase price or cost of construction of the new home
A home that has been lived in or sold as a place of residence previously
Final inspection certificate
This document proves that your home is approved as a class 1a dwelling and is usually given to you by your builder. Learn more about the stages of a building inspection.
Financial help can include:
- a gift of money or property (whether or not the gift is enough for you to buy or build the home)
- a contribution towards the purchase, building or maintenance of the home
- making a loan repayment for the home
- forgiving a loan repayment
- transferring land on which the home is to be built for an amount less than its market value
- transferring an existing home for an amount less than its market value
- building a home for a discounted price
- agreeing to pay any rates, utilities or repair and maintenance costs for the home
- agreeing to act as guarantor on the home mortgage (including a family pledge guarantee option)
- agreeing to pay market rent for living in an applicant's home
- indirect payments to a third party (e.g. to pay a debt owed by an applicant to the third party)
- indirect payments from a third party (i.e. a company or trust for which a related person is a director or trustee).
Financial help does not include a commercial loan from an authorised deposit-taking institution listed by the Australian Prudential Regulatory Authority.
An instalment contract is an agreement for the purchase of a property where the buyer pays the purchase price by gradual increments without obtaining a transfer of title until the last payment is made.
If you have an instalment contract, the following criteria must also be satisfied before the grant can be paid:
- the contract has been operating for at least 1 year
- you have paid at least 10% of the purchase price or the grant amount, whichever is greater
- you are not in default of the contract
- you have occupied the home as your principal place of residence.
Lot and plan number
Every property will have a lot and plan description. These are stated in the property section of your contract. Most councils include the lot and plan on rates notices. You can also use the Queensland Geocoder to find this information.
An individual; not a company or a trust
A new home is either:
- a home that has never been
- occupied as a place of residence
- sold as a place of residence
- a substantially renovated home (completed by the seller in limited circumstances).
From 1 December 2020, a home acquired under a ‘builders’ terms arrangement’ may also be a new home. See Public Ruling FHOGA006.2.
An off-the-plan purchase is a single contract to buy a new home and the relevant interest in the land, which is a proposed lot on an unregistered plan resulting from a subdivision. In some cases, the property may not have been built yet (e.g. the purchase of a unit in a unit block, where the unit’s individual lot and plan description will not be available until the strata title has been registered).
You do not have an off-the-plan contract to purchase if you have both a vacant land contract and a building contract.
A person who holds a permanent visa, or is a New Zealand citizen with a special category visa, as defined by the Migration Act 1958 (Cwlth)
A New Zealand citizen with a special category visa must have a current New Zealand passport to be a permanent resident.
Registration confirmation statement or title search
A document that shows the registered owners of the land. Contact Titles Queensland for a current title search if you don’t have this document.
Related person or relative
A related person of an applicant includes a parent, child, grandparent, sibling, uncle or aunt, or the spouse of any of these.
If you are building on land belonging to a relative, that person can be a parent, grandparent, child, stepchild or sibling of an applicant, or the spouse of any of these.
A relevant interest may be described as an interest held by an individual in a property that grants them legal entitlement to, and a right to occupy, the home. Generally, the interest holder is the registered owner of the property.
A declared relevant interest is where you are not the registered property owner, but have been granted the right to occupy a home built on the land. Each of the following is declared to be a relevant interest:
- a person’s right, given by a relative of the person, to occupy a home that is a detached dwelling built or to be built on land that is a part of land owned by the relative
- a person’s right to occupy a mobile home under a relevant agreement
- a manufactured home owner’s interest in a site agreement for a site on which a manufactured home is positioned.
When applying for the grant, you will need to provide supporting documents, such as the site agreement or contract declaring the applicant's right to build on the land.
A person who is one of the following:
- a de facto partner who has been living with the other person on a genuine domestic basis for 2 years or more. See section 32DA of the Acts Interpretation Act 1954
- a registered partner (under the Civil Partnerships Act 2011).
For a renovated house to be eligible for the grant, the seller must prove that the sale is a taxable supply, in line with section 9.5 of the GST Act.
The seller must be:
- registered (or are required to be registered) for GST
- selling the house in the course of their business or enterprise.
The value of the property being transferred disregarding any encumbrance; for example, money owed under a mortgage
See section 8A of the First Home Owner Grant and Other Home Owner Grants Act 2000 for a full definition.
This is a statement from the seller. It must show the name and title of the person authorised to sign it. If the vendor is a company or trust, the statement should be on their letterhead.
For newly built homes, it must state that the home has not been previously occupied or sold as a place of residence.
For renovated homes, it must confirm:
- the home has not been previously occupied or sold as a place of residence since the renovations
- the type and extent of renovations
- the sale of the home is a taxable supply under the GST Act and was in the course of the seller’s business.
A vendor statement completed by a financial institution or any other party not mentioned above will not be accepted.