If a property is owned jointly by two people, and one of the names needs to be removed from the Title, you will need professional assistance to sort out the paperwork.
This typically happens following a divorce or separation. A Court Order is made by the Family Court as part of the financial settlement in a divorce or separation. Usually, this is done by allocating equally the total pool of assets and liabilities, including obtaining valuations of properties and businesses, so that each person receives their entitled amount.
If the property is not sold and is kept by one of the parties, this involves transferring the Title from one spouse to another or from joint names to one name.
A Settlement Agent can draw up a Transfer of Land that effectively transfers the property to the nominated party and removes the name of the other person from the Title. The person coming off the Title will also need to be removed from the mortgage (if any), and we can also assist with this process.
If you have found yourself in this situation, at WA Settlement Services, we can help you complete the property transfer with nominal stamp duty.
If you own land and are thinking about subdividing it so that you can sell, build on, or rent the different lots, we can help you prepare your Application to Landgate.
Have you misplaced your original property Title? No need to panic. We can deal with Landgate and get you a replacement in no time.
Change of Name
Need to change your name in your property Title? Let us take all the hassle away and handle the required paperwork for you.
In the event of a relative or friend passing away, if they owned or part-owned a property, their name would need to be removed from the property Title. In such a difficult time, we can help you sort out all the paperwork required to transfer the ownership of the property.
When a property is owned by two people, and they decide to go separate ways, a Court can make an ‘Order’ which allows one or more properties to be transferred from joint into sole names. Thus, we can help transfer a shared property into one person’s name with nominal stamp duty.