Property Transfers

Property Transfers

At BConveyancing.co, we acknowledge that real estate transactions may sometimes proceed without a formal contract for the sale of land. This situation may arise in instances where a married couple or de facto partners decide to transfer half of a property, registered under one partner’s name, to the other. These transactions, in some instances, may be exempt from stamp duty.

Similar circumstances may occur when buying or selling property among close family members. There might be situations where the purchaser decides not to conduct certain searches or inquiries, or opts not to raise requisitions. However, it is important to bear in mind that these transactions are subject to stamp duty, regardless of the agreed sale price. The amount of stamp duty is determined based on a valuation of the property by a registered valuer.

At BConveyancing.co, our commitment is to guide clients through each step of their unique property transaction process, ensuring informed decisions and safeguarding their interests at all times.