Transfers
It is important that you speak with a settlement agent and/or your lawyer when settling property at the ending of a relationship. Otherwise you may need to pay A LOT more that you planned in government charges. At TERRACE SETTLEMENTS we can help in these situations.
Transfers Pursuant to a Court Order
Once a Court Order has been issued by the courts we can prepare and lodge the Transfer of Land and follow the instructions of the Courts regarding funds disbursement.
"Why Settlement Pursuant to a Court Order will save you thousands:
John and Mary were getting divorced and decided amicably to do it themselves and transfer the property from the husband to to the wife.
They organized this themselves and their settlement agent failed to tell them that if they applied through the Courts they can avoid paying Stamp Duty on the Transfer as the transfer is stamped "Pursuant to the Court Order" which incurs only a $20 Stamp Duty fee.
Imagine their shock when they discovered that they had to pay $25,000 in stamp duty .
While Couple B who had a knowledgeable settlement agent were told to wait and apply for transfer pursuant to a court order. This meant that only $20 stamp duty was payable... "
SHOULD YOU REQUIRE FURTHER EXPLANATION OF THE ABOVE OR ANY OTHER SITUATION PLEASE DO NOT HESITATE TO CALL OUR OFFICE FOR OBLIGATION FREE ADVICE.
Transfers Following Divorce
Once Court Orders pursuant to a Divorce have been issued we prepare the Transfer of Land and follow instructions of the orders regarding disbursement of funds
Transfers After Partner Separation
When a private arrangement is made between co-owners to separate, Transfer of Land can be prepared, arrangements with banks and distribution of funds according to owners instructions.
Call The Experts
If you would like a quote please call us on 08 9321 7706 or fill in the Instant Quote Form, right