This certificate tells you about the property that you are purchasing so that when you become the owner, all rates and charges are paid on settlement.
Anyone can apply for a LIC, although usually it is your solicitor or conveyancer who does this for you. Privacy Act requirements may apply.
The cost to obtain a LIC for 2021-2022 financial year is $27.40.
Applications can be made online or by completing a hard copy application.
Information on your certificate
The LIC will show:
- all current valuations on the property including Site Value, Capital Improved Value and the Net Annual Value
- rates including arrears and interest
- land declared prone to flooding
- property debts.