There are many reasons why a property owner is required to transfer ownership of a house or property rather than selling it:

• The ending of a marriage might see one party transfer a house to their spouse as part of the divorce settlement.
• Ownership of the property might be transferred to a company for taxation purposes.
• An individual property owner might request a change of property ownership as a means of minimising business risk.
• If a property is jointly owned and one of the owners has passed away, necessitating a property title transfer.
• Transferring property to family, such as parents choosing to gift their property to their child or children.
• A property is left to an individual in a will, known as deceased estate transfer of property.

Using the services of All Conveyancing Solutions can be beneficial for a number of reasons. Though you might not be buying or selling property, we can help you navigate through the paperwork and legal documentation, such as the transfer of land document. We will also deal with the stamp duty related issues should they arise.

For clients wanting to change the ownership of a property and/or transfer it to a related party, our main objectives are:

• Providing advice regarding the stamp duty payable on the proposed transfer.
• Liaising with the existing mortgagee (if applicable).
• Drafting the Transfer of Land document and the Notice of Acquisition.
• Preparing the State Revenue Office online Duties Forms, used for the assessment of stamp duty.
• Liaising with the incoming mortgagee (if applicable).
• Preparing the electronic settlement workspace.
• Sending copies of the Notice of Acquisition to council, water authority and the owners corporation (as applicable).
• Submitting the Notice of Trust Acquisition to the State Revenue Office (if applicable).
• Applying for a stamp duty refund for a first home buyer (if applicable).