Title transfers between relatives

Title transfers between relatives from Jim's Conveyancing

By: Jim's Conveyancing  03-Jul-2014

The following kinds of transactions are considered related party transfers: -between spouses or domestic partners -deceased estates (transfer to a surviving spouse, executor or beneficiary of the will) -between siblings, parents, children and grandparents -same sex (some states provide stamp duty exemptions) couples -in and out of Self Managed Superannuation Funds (SMSFs) including out of a bare trust or custodian trust once a mortgage has been discharged -in and out of family or unit trusts (or companies) -all other transfers of title where the parties are in some way associated (not at arm’s length).


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