Queensland Consolidated Acts
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SUCCESSION ACT 1981 - SECT 34B
Meaning of shared home and related definitions
"shared home" means a building, or part of a building, designed to be used
solely or principally as a separate residence for 1 family or person.
"building" includes a caravan and a manufactured home.
"interest" , in an intestate’s shared home, means—
(a) an interest
registered or registrable under an Act that is or includes a shared home; or
(b) if the shared home is a caravan—an interest in the caravan; or
the shared home is a manufactured home—an interest in the manufactured home
and any interest in a site agreement for the site on which the
manufactured home is positioned.
"transfer value" , of an intestate’s interest in a shared home, means the
market value of the interest at the date of the intestate’s death, less the
amount (if any) needed to discharge any mortgage, charge, encumbrance or lien
to which the interest may be subject at the time of transfer.
(5) In this
"caravan" see the Residential Tenancies and Rooming Accommodation Act 2008 ,
section 7 .
"manufactured home" see the Manufactured Homes (Residential Parks) Act 2003 ,
section 10 .
"site" see the Manufactured Homes (Residential Parks) Act 2003 , section 13 .
"site agreement" see the Manufactured Homes (Residential Parks) Act 2003 ,
section 14 .
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