Home Owned by Private Company

Last updated 12 January 2007

Assessment of a home owned by a private company

The following table provides reference points for the assessment rules of certain types of company title properties.    

If the principal home owned by a private company, in which the person is...

And there is...

Then follow the assessment rules contained in ...

a shareholder,

a formal agreement giving the person reasonable security of tenure,

Homeowner's Basic Assessment Rules.    

a shareholder,

no formal agreement or the agreement doesn't give the person reasonable security of tenure,

Non-Homeowner's Basic Assessment Rules.    

Note: The value of any right or interest in this property is assessable.

not a shareholder,

Non-Homeowner's Basic Assessment Rules.    


Source URL: https://clik.dva.gov.au/compensation-and-support-policy-library/part-9-principles-determining-pension-rate/92-residential-situation/923-additional-assessment-rules-certain-types-residences/home-owned-private-company