We’ve Got You Covered
When it comes to selling one of life’s biggest assets, it goes without saying that you want a smooth and successful process. The Conveyancing Team at Coutts has over 25 years experience in the stress-free, seamless selling of properties across New South Wales and interstate.
Step 1: Talk To Us
Reach out to Coutts Lawyers via our website, phone, or in person for a consultation on how we can help you sell your property stress-free!
Step 2: Get a Quote
No Bill Shock. Know exactly what your stress-free conveyancing will cost from start to finish.
Step 3: We Get to Work. You Relax!
At Coutts, our objective is the seamless sale of your property, stress-free! We’ll get to work, you organise the furniture truck and let us take care of settlement.
What Are Property Transfers?
Property transfers often occur when there is a change in ownership percentage, typically within families. This process becomes necessary in various situations, such as family court orders following a separation or when a parent who co-owns a property with their children wishes to change their ownership status.
Understanding Transfer Duty
In most cases, property transfers may be subject to transfer duty, and it’s crucial to be aware of your obligations when adding or removing individuals from a property title. While transfer duty is a common consideration, some exemptions apply, especially in situations involving the breakdown of a relationship.
Guidance From Coutts Lawyers & Conveyancers
At Coutts Lawyers & Conveyancers, our team of experienced conveyancers and property lawyers are experts in handling family property transfers. We have a wealth of knowledge in navigating the complexities of these transfers and can provide you with expert guidance on your obligations, including any applicable transfer duty exemptions.
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Your Experienced Lawyer
Meet Adriana, The Managing Partner at Coutts Lawyers & Conveyancers, and the head of our esteemed Property and Commercial Law teams. With over twenty years of expertise, Adriana’s profound experience has fostered unwavering trust among her clients and solidified her esteemed standing within the Macarthur community. Her stature as an authority in Property and Commercial law is well-established.
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Transferring Property FAQ’s
A property transfer refers to the process of changing the ownership percentage of a property, often involving family members. It commonly occurs in situations where there are family court orders after a couple separates or when a parent co-owns a property with their children and wishes to modify their ownership status.
In most cases, property transfers may be subject to transfer duty. However, exemptions exist, particularly when property transfers result from the breakdown of a relationship. It’s essential to understand your transfer duty obligations based on your specific circumstances.
When transferring property within a family, it’s vital to consider ownership percentages, transfer duty implications, legal obligations, and any family agreements or court orders in place. Seeking legal advice is crucial to ensure a smooth and legally compliant transfer.
Coutts Lawyers & Conveyancers has a team of experts in family property transfers. We provide expert guidance on your obligations, help you navigate the legal complexities, and ensure a seamless transfer process.
If you’re contemplating a property transfer involving family members, it’s advisable to consult with our experienced team at Coutts Lawyers & Conveyancers. We can assess your specific situation, provide tailored advice, and guide you through the entire transfer process, ensuring compliance with legal requirements and transfer duty considerations. Contact us today to get started.