Changing who owns a property, even within a family, is a legal transfer that must be registered and can have tax consequences.
Common situations
- Adding a spouse or partner to title
- Removing an owner after separation
- Transfers between parents and children
- Moving a property into or out of a corporation
Land transfer tax can apply even when little or no money changes hands, for example where a mortgage is assumed. Some transfers between spouses are exempt. We review the facts, explain the tax position and any lender consent required, and register the transfer correctly.
