This page was last reviewed 20 November, 2012
|APPLICANT(s)||A person or persons who, on completion of the purchase or construction of the home, will be an owner of that home.
|APPROVED AGENT||An organisation approved by RevenueSA to process applications for the First Home Owner Grant.|
|AUSTRALIAN CITIZEN||Means an Australian citizen as defined in the Australian Citizenship Act 1948 (Cwlth).|
A true copy of an original document that has been sighted and certified by an authorised person* and noted as follows: 'I certify that I have sighted the original document and this is a true copy of it.' This certification must have the certifier's name, title, registration number (where applicable) and be signed and dated.
|CLOSE PERSONAL RELATIONSHIP||
A close personal relationship is defined to mean the relationship between two adult persons (whether or not related by family and irrespective of their gender) who live together as a couple on a genuine domestic basis, but does not include:
|COMMENCEMENT DATE OF THE ELIGIBLE TRANSACTION||
The commencement date of an eligible transaction is:
|COMMISSIONER||Commissioner of State Taxation, RevenueSA.|
|COMPLETION OF THE ELIGIBLE TRANSACTION||
Subject to any qualifications prescribed by legislation, an eligible transaction is completed when:
|COMPREHENSIVE BUILDING CONTRACT / CONTRACT TO BUILD||A contract where a builder agrees to build a home, from the time the building starts to when it is finished and is ready for occupation.|
|CONSIDERATION||The total price or amount used for the purchase or building of the home.|
|CORRESPONDING LAW||Means an Act of another state, or a territory, corresponding to the First Home and Housing Construction Grants Act 2000..|
|DOMESTIC PARTNER||A person is the domestic partner of another if they live together in a close personal relationship.|
|ELIGIBILITY CRITERIA||Means the criteria for determining whether an applicant for a first home owner grant is eligible for the grant.|
an eligible transaction is:
|FIRST HOME OWNER GRANT||A grant authorised under Section 17 of the First Home and Housing Construction Grants Act 2000.|
The land is to be used for primary production by the person seeking the FHOG; and the land is, by itself, or in conjunction with other land owned by that person, capable of supporting economically viable primary production operations.The relevant component of the genuine farm for the purposes of determining the value for the HCG is the new home and its curtilage or the part of the land that is to constitute the site and curtilage of the home that is to be built.
|GUARDIAN||Guardian of a person under a legal disability includes a trustee who holds a property on trust for the person under an instrument of trust or by order or direction of a court or tribunal.|
|HOME||A building affixed to land that may lawfully be used as a place of residence and is, in the Commissioner of State Taxation’s opinion, a suitable building for use as a place of residence.|
|HOME OWNER||A person who holds a relevant interest in property.|
In the case of a contract for the purchase of a home, the market value is the greater of:
In the case of a contract to build, the market value is calculated by adding together:
|NATURAL PERSON||A person, not a company.|
|NEW HOME||A home that has not been previously occupied or sold as a place of residence, including a substantially renovated home.|
|NOTIFIABLE EVENT||Applicants must notify the Commissioner of State Taxation, in writing, of any change in circumstances that may affect their eligibility for the Grant. e.g. When the residency requirement will not be met.|
|OFF THE PLAN||A contract for the purchase of the home on a proposed lot in an unregistered plan of a subdivision of land.|
|OPTION||Option to purchase includes a right of pre-emption or a right of a first refusal.|
|OWNER BUILDER||An owner of land who builds a home, or has a home built, on the land without entering into a comprehensive building contract.|
|PERMANENT RESIDENT||The holder of an Australian permanent visa or a New Zealand citizen who holds a special category visa.|
|RELATED OR ASSOCIATED PARTY||
A person is related to or associated with another party when:
A person with a 'relevant interest' can be described generally as someone who will have a legal entitlement to the home being bought or constructed. Usually this will be the person(s) listed on the Certificate of Title.
Each person with a 'relevant interest' must be listed as an applicant on the application form. It does not include the South Australian Housing Trust.
|RESIDENCE REQUIREMENT||In relation to an eligible transaction entered into on or after 1 January 2005, means an applicant for the first home owner grant must occupy the home to which the application relates, as the applicant's principal place of residence for a continuous period of at least 6 months (or shorter period approved by the Commissioner of State Taxation), commencing within 12 months after completion of the eligible transaction or a longer period approved by the Commissioner of State Taxation.|
|RESIDENTIAL PROPERTY||Land on which there is a building which is a lawfully occupied residence or suitable for occupation as a residence.|
|SPOUSE||A person is the spouse of another if they are legally married to each other, or are de facto spouses of each other.|
A home is a substantially renovated home if:
This page was last reviewed 20 November, 2012