← Back to Insights Wills & Estates · Insights

Selling a deceased estate property in NSW: what executors need to know

Probate, the transmission application, the ATO clearance certificate and the two-year capital gains window — the three clocks running underneath an ordinary conveyancing job, and where each one catches executors out.

Common questions

Questions executors ask

Do I need probate to sell a deceased estate property in NSW?

As executor you can generally list the property and exchange contracts before probate and the transmission application are finished. But both need to be complete in time to register the buyer's transfer at settlement. An administrator, where there is no will, has no authority to act until the grant is made.

How long do I have to sell before capital gains tax applies?

Generally two years from the date of death, if the property was the deceased's main residence. The clock runs from death, not from the grant of probate. The ATO allows an automatic extension of up to 18 months in limited circumstances, such as the will being challenged.

Do I need an ATO clearance certificate to sell a deceased estate property?

If you are selling to a buyer, yes. Since 1 January 2025 the purchaser must withhold 15% of the price on all property sales at any value unless you provide one before settlement. Certificates can take up to 28 days to issue.

Can I distribute the sale proceeds straight away?

Not always safely. An eligible person has 12 months from the date of death to bring a family provision claim. Selling the property and distributing the proceeds are separate decisions, and it is usually the distribution that carries the risk.

What happens if the property was owned jointly?

If it was held as joint tenants, it passes automatically to the surviving owner and does not form part of the estate. The survivor lodges a Notice of Death. If it was held as tenants in common, the deceased's share passes under the will.

What is a transmission application?

It is the dealing that registers an executor or administrator on the title as personal representative, using NSW Land Registry Services Form 03AE under section 93 of the Real Property Act 1900. It does not ordinarily attract transfer duty, though registration and conveyancing fees apply.

References

Where this information comes from

Estate to administer?

Selling a property for an estate, and not sure where you stand?

A free 15-minute phone call is the quickest way to find out whether we can help — whether probate has been granted yet or not, and whether the sale is still an idea or already under way.

Book a free 15-minute call Get in touch