Whether it’s between family members, business partners, spouses or a defacto partner, transferring property can be a complicated matter.
Different personal, family or business circumstances often require the use of different documentation – so you must ensure you have expert advice tailored for your individual circumstances.
Fortunately, as professional conveyancers, we have the knowledge and resources to help you conduct property transfers efficiently and with minimal stress.
You will have the peace of mind that you will be using the correct documentation, and all the relevant details will be taken care of, and all the correct external organisations will dealt with.
Why Transfer Property?
There are a number of reasons why you may need or want to transfer property.
Generally, the reasons are for tax or legal purposes, or there may be personal circumstances that require you to transfer property – either unexpectedly or inevitably.
There are a number of reasons why you may need to transfer property:
- A new relationship or marriage
- The dissolution or breakdown of a relationship
- Death of a family member or business partner
- Change in business agreements
- New business partners
Property Conveyancers can help to draw up a contract on your behalf if you are selling your home and already have a pre arranged purchaser.
Similarly, you may be wishing to transfer the property to a family member.
Whatever the circumstances, you will have the peace of mind that everything – from the Form 1 (required under the Real Property Act) to the final documentation required for the contract – will be dealt with and kept in order.
Using a Property Conveyancer comes with lots of advantages; you’ll have the peace of mind that everything is being taken care of and dealt with to the appropriate standards and with all of the necessary paperwork.
One of the biggest advantages of using an expert is that we may be able to identify and assist in finding stamp duty exemptions, which may be available if the appropriate processes are followed.
Many people are unaware that The Stamp Duties Act actually allows homes to be transferred with no stamp duty for those married or de facto couples who comply with a number of conditions.
This could result in people paying out unnecessarily so it’s always best to call in the advice and knowledge of an expert.