Completing the Real estate details MOD R 106-07110070

A separate Module R is required to be completed for each property owned.

Full address of the property is required (including country). The address should be the same as that shown on the rates notice.

The customer must uniquely identify the location of any real estate or business site they own or have an interest in.

For more details, see Assessing and coding real estate details.

Options are:

• Vacant land
• Bush block
• Home office/business
• House
• Self contained flat (part of or attached to a residence)
• Unit/flat/townhouse
• Retail premises
• Commercial premises
• Industrial premises
• Farm (or hobby farm)
• Market garden
• Residential block larger than 2 hectares (5 acres)
• Other (please specify)

For more details, see Resources in Assessing and coding real estate details.

• Lot and plan, Crown allotment, section, parish, etc.
• The customer needs to attach a copy of their latest council rates/valuation notice

The customer is to give an estimate of the value of the whole property. The property does not have to be professionally valued, if Services Australia needs a valuation one will be done at no cost to the customer.

Documents to be attached for water rights, allocations or licences.

Customers only need to answer this question is the property is not the principal home. Household contents include all furniture including soft furnishings (e.g. curtains), antiques, works of art. It also included any personal effects include jewellery for personal use and hobby collections (e.g. stamps, coins) and electrical appliances (e.g. TVs, game consoles, fridges, etc.).

Values required are:

• total value of the contents if sold (not insured or replacement value)
• any money amount owed for the contents (e.g. loans)
• customer's % share of ownership
• partner's % share of ownership

• No, customer should advise if anyone else lives on the property
• Yes, go to next question

If any room in the customer’s principal home is being used solely for business purposes, it will considered an asset.

• No, go to question 14
• Yes, go to next question

Estimate what portion of the property’s total value can be attributed to the areas/rooms used only for business. This portion will be an assessable asset.

If any portion of the land surrounding the home property is used primarily for business purposes the customer may not be entitled to have the land exempt from the asset test under house and curtilage provisions.

For example, land surrounding your principal home used as an orchard.

• No, go to question 16
• Yes, go to next question

If the customer is operating a business on a property of 2 hectares or less, the value for the portion of the property which is used strictly for business use must be provided.

Eg: The customer may be using a shed to run a mechanics workshop business, or a secondary construction to run a hair salon business etc.

• No, go to question 18
• Yes, go to next question

Customers will need to provide a value of their home and 2 hectares of land only, even if the property is greater than 2 hectares in size.

This value must be less than the value given for the whole property at Q9

This will be used to assess the customer’s potential house and curtilage asset exemption.

• No, go to question 20
• Yes, go to next question

Curtilage exemptions can apply to the home and surrounding land that is on the same title only.

Estimate of the value of the home and all of the surrounding land that is on the same title as the home only.

This value must be less than the value given for the whole property at Q9.

The customer will also need to note the title reference number of the block of land on which their principal home sits.

A copy of each title deed for the whole property needs to be attached.

• No, go to question 28
• Yes, continue to next question

• No, go to question 28
• Yes, documentation is to be provided to verify this, for example, rates notices, land title documents

Note: the question relates to the person who is Age Pension age and is receiving or claiming Age Pension, Carer Payment or Department of Veterans' Affairs Age Service Pension.

For Pension Bonus Bereavement Payment this person may also include the late partner.

This question relates to the criteria required to meet the extended land use house and curtilage exemption.

Description of use of property needed e.g. farming, hobby farming or rural residential. Options include:

• Do not currently make any use of the property
• Primary production
• Rural residential only
• Leased
• Other commercial or business use
• Hobby Farm
• Other

This question relates to the criteria required to meet the extended land use house and curtilage exemption.

• No, continue to next question
• Yes, information needed to describe how the family member supports themselves
• For example, the customer’s child/ren may be farming the land as their principal source of income

• No, continue to next question
• Yes, information is needed to describe how there is potential commercial use of the land
• Can this land be used to produce a source of income? Eg: can it be cropped? Leased to another person? Can it sustain a market garden?

• No, go to question 28
• Yes, go next question

If the land is not being used to generate an income for the customer, the customer will need to provide information about why this is so.

The customer needs to tick all that apply. Options are:

• Rural residential block
• Land is not viable for commercial or agricultural use
• Caring responsibilities
• Health reasons
• Zoning restrictions
• Environmental restrictions
• Other (details required)

A yes or no answer is needed.

Percentage of ownership required, and by who, e.g. customer, partner or another party.

There must be 100% ownership provided. Eg: the customer cannot advise that they own 50% of the property and not advise who owns the other 50%.

A response of whether the property was purchased, inherited/gifted or other, and the date this occurred is required.

When did the title transfer to the customer and/or partner’s name? e.g. date of settlement? Date of inheritance? Etc

Customer must complete one of the following measurements:

• area in hectares, or
• area in acres, or
• dimensions (for example, 120m x 100m)

If the customer needs more room or needs to provide measurements for more than one property, they can attach a separate sheet with the details.

The customer needs to indicate:

• approximate floor area (e.g. 60m2)
• age of the building (no. of years)
• type of construction including:
• exterior (e.g. brick, timber)
• interior (e.g. plaster, not lined)
• roof (e.g. iron, tiles)
• general condition
• number of flats/units (if applicable)
• for residential building give number of bedrooms, for other buildings leave blank.
• other rooms (excluding bathroom, laundry, toilet) if applicable

This question needs to be completed for any homes on the property, but also for any other improvements eg: sheds, warehouses, secondary dwellings etc

• If the customer has more than one improvement on their property they can attach a separate sheet with the details of the other improvements.

• No, go to question 36
• Yes, the customer must provide documentary evidence of any mortgage or encumbrance, including mortgage or loan agreement, and the latest statement of their loan account

The loan agreement is required to determine what property/asset the mortgage is secured against.

The latest statement of the relevant loan account is required as any mortgage apportioned to the property can reduce the assessment amount of the asset.

• No, continue to next question
• Yes, details are required

The customer must provide documentary evidence of any mortgage or encumbrance - e.g. loan agreement, the latest statement of their loan account and a copy of the certificate of title. This is required to determine how the loan amounts need to be apportioned against each property.

Details of the loan and purpose of the loan are required. If there is more than one loan, details of each individual loan is required.

• No, go to question 38
• Yes, provide gross amount of rent (before tax) per week

Customer must provide verification in the form of a copy of their and/or their partner's last income tax return, rental profit/loss statement and depreciation schedule.

Customer to provide an average of the weeks per year the property is rented.

• No, continue to next question
• Yes, details are required about the source of income e.g. hobby farming, agistment, etc.

Gross amount received per week (before tax) is required.

Customer must provide verification in the form of a copy of their and/or their partner's last personal and business income tax return and financial statements.

• No, continue to next question
• Yes, details are required e.g. lack of water, no fencing, landscape, unusual title etc

Customers should complete this question by giving their name, the property's address, and signature to authorise a licenced valuer to enter and inspect the property. A contact name and daytime number is also requested for the valuer to contact.

This section is to be signed by the customer and partner, if applicable.

The agency pays the cost of inspections and valuations, not the customer.

Customer needs to give a name and phone number for the valuer to contact should an onsite inspection be required.

A detailed description (and sketch if necessary) is to be provided.

A checklist is provided to assist the customer in determining what support documentation is needed.

All required supporting documentation is to be provided with the MODR. If the customer has not provided the document a request for information will need to be sent.

If the customer is lodging a new claim for payment and they do not provide all the required supporting documents, their claim may not be accepted.

Customer and partner, if applicable, sign here