First Home Owners Grant - NSW eligiblity if inherited property

Get Instant Legal Answers - Free AI Legal Help
Join thousands of Australians each month using LawConnect’s AI assistant for fast, personalised legal information. No waiting. No cost. Start now.
Ask Your Question Now

Quickblue5548

Member
22 July 2020
2
0
1
Hi All, just 2 quick questions!

Am I eligible for First Home Owners Grant if already inherited portion of a property deed from parent?

If inherited part of an existing property, does it affect my eligibility to apply for an owner occupier home loan for a new property?

Thanks,
Quickblue
 

Tim W

Lawyer
LawConnect (LawTap) Verified
28 April 2014
5,131
833
2,894
Sydney
This grant is for people who buy or build.
An inherited property is neither of those things.

Have a read of this.
 

Quickblue5548

Member
22 July 2020
2
0
1
Hi All, just 2 quick questions!

Am I eligible for First Home Owners Grant if already inherited portion of a property deed from parent?

If inherited part of an existing property, does it affect my eligibility to apply for an owner occupier home loan for a new property?

Thanks,
Quickblue

Thanks