Property Transfer FAQs
What Is a Property Transfer
A property transfer is the legal process of changing ownership of a property. This may occur for reasons other than a sale, such as family arrangements, relationship changes or deceased estates.
Does a Property Transfer Require a Contract of Sale
Not always. The documentation required depends on the reason for the transfer and the circumstances of the parties involved.
Does Stamp Duty Apply to Property Transfers
Stamp duty may apply depending on the circumstances of the transfer. Some transfers may qualify for exemptions or concessions, but eligibility depends on the individual circumstances and current requirements.
Can You Assist With Transferring Property Between Family Members
Yes, we can assist with residential property transfers between family members, subject to the specific circumstances and requirements.
What Information is Required for a Property Transfer
The requirements vary depending on the type of transfer. We will advise what documentation and information are required once we understand your circumstances.
Do Property Transfers Require Settlement
Property transfers require a formal settlement process, including preparation of the necessary documents and electronic lodgement through PEXA to process the transfer and update the relevant records with the appropriate authorities.