Hi,
I am in the process of buying a block of land and finalising the build contract together under First Home Guarantee Scheme (5% Deposit).
I have signed a conditional contract for the land on 21st April 2026. Settlement happens 21 days after the contract goes unconditional (90 days of condition - to finalise build contract).
I have determination on 11 March 2026 and 23rd April 2026 (after signing the contract).
Information on ATO is a bit confusing with its terms of relevant interest in property and must get determination before signing the contract.
Example 9 on this ATO page is what resonates the most.
However, Can you confirm if this is the right and I can use the determination from 23 April or even get a new determination closer to settlement date (given I leave enough timeframe for the funds to actually hit my bank account before settlement)?
Thanks
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