Share Transfer – If you wish to add a registered proprietor to your title, either a family member (brother/sister/parent) or partner (spouse) due to obtaining finance etc, CV Conveyancing prepares the Transfer and proceeds to lodgement of the document via Pexa for registration. In this case, stamp duty is payable on the portion of the share on the current value of the property. Therefore, a valuation report is required by a Qualified Valuer.
Removing a Registered Proprietor – If you wish to remove a registered proprietor on title and you either purchase their share of the property or by way of a gift, then a Valuation report is also required to be obtained by a Qualified Valuer and stamp duty is also payable on the portion of the share being purchased.
Deceased Joint Tenant – Christine can prepare a Notice of Death and lodge it with Pexa for lodgement and registration. In this scenario, you will be required to provide the original Death Certificate of the deceased Joint tenant.