Exemptions and concessions
Mortgages exempt from duty include:
a mortgage created solely for the purpose of providing security imposed on the grant of bail in criminal proceedings
a mortgage taken by a non-profit organisation in conjunction with a lease
mortgage of any ship or vessel, or of any part, interest, share or property
a mortgage given by the Government of the Commonwealth or a Government of a State or Territory or by any public statutory body constituted under a law of a State or Territory
a mortgage to which an offshore banking unit is a party and that would not be liable to duty if it were executed outside New South Wales
a mortgage under the Liens on Crops and Wool and Stock Mortgages Act 1898
a charge over land that is created under an agreement for the sale of the land if any part of the deposit or balance of the purchase price is paid to the vendor before completion.
