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Family Transfers & Related Party Transactions
Family or related party property transfers in Western Australia involve unique legal and financial considerations. At Landmark Settlements, we specialize in managing these sensitive transactions, ensuring smooth transfers between family members or related parties. Our expert team navigates the complexities of duty exemptions, tax implications, and legal requirements, providing you with a stress-free transfer process.
Family Transfers & Related Party Transactions
Navigate Family Property Transfers with Confidence.
Extensive Experience in Diverse Family & Related Party Transactions
At Landmark Settlements, we understand that transferring property between family members or related parties requires a delicate balance of legal expertise and personal touch. Our team brings extensive experience in handling diverse family and related party transfers across Western Australia, ensuring your property transfer is executed efficiently and in compliance with all relevant regulations.
Our team at Landmark Settlement will assist you in transferring your property to a related party:
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Transferring property to a family member, friend or business associate
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Transferring your property due to court orders
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Remove a related party from the Certificate of Title
Undertaking a related party transfer can be complicated however is often cheaper than a full settlement. Landmark Settlements conveyancers will assist you in the particulars of related party transfers.
These particulars include:
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Advising on having an independent valuation undertaken
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Undertaking a review to see if any exemptions for transfer duty apply
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Reviewing if there has been a relationship breakdown then if Capital Gains Tax may or may not apply
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Expert and efficient settlement through electronic conveyancing
We recognise that each family or related party transfer has its unique circumstances and sensitivities. Our team provides personalized service, adapting our approach to meet the specific needs of your situation. We maintain clear communication throughout the process, ensuring all parties are informed and comfortable with each step of the transfer.
By choosing Landmark Settlements for your family or related party transfer, you're partnering with experts who understand the nuances of these specialized transactions. We're committed to facilitating a seamless transfer process, allowing you to focus on your family matters while we handle the complex legal and administrative details.
Recommend to All
“All my questions were answered and they worked around my schedule to get key matters handled. Will definitely use the team again in the future, and recommend to all.”
Dhanushke Fernando
Efficient Process
“The whole process was very efficient and we were kept informed of the progress of our settlement. We were fortunate to have an excellent Real Estate Agent who recommended your service, and we were glad that she did. Tyson was great.”
M & J Inniss
Friendly & Knowledgeable
“Everything went smoothly and in a timely manner. Molly Lee was friendly, but extremely helpful, knowledgeable and above all, professional”.
R & E Driscoll
Recommend to All
“All my questions were answered and they worked around my schedule to get key matters handled. Will definitely use the team again in the future, and recommend to all.”
Dhanushke Fernando
Our Process
Get ready to take control of your subdivision and land division project.
FAQ
Frequently Asked Questions About Family and Related Party Transfers.
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How long does a residential property settlement typically take in Western Australia?In Western Australia, the standard settlement period is 30 days from the date of contract, but this can vary. Some settlements may be as short as 14 days or as long as 90 days, depending on the agreement between buyers and sellers.
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What documents do I need to provide for my residential property settlement?Typically, you'll need to provide the signed contract of sale, identification documents, and any relevant loan documents. We'll guide you through the specific requirements based on your individual circumstances.
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Can I attend the settlement in person?As your settlement agent, we'll attend on your behalf to ensure all documents are correctly signed and funds are properly transferred.
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What happens if there's a delay in settlement?If a delay occurs, we'll work diligently to resolve any issues and keep all parties informed. In some cases, penalty interest may apply, but we strive to prevent delays wherever possible.
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How are adjustments for council rates and water rates handled?We calculate adjustments for rates and taxes to ensure you only pay for the portion of the year you own the property. These adjustments are factored into the final settlement figures.
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What's the difference between unconditional and conditional contracts?An unconditional contract means all conditions have been met and the sale will proceed to settlement. A conditional contract still has conditions that need to be satisfied before the sale becomes binding.
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Do I need to do a final inspection before settlement?Yes, we recommend conducting a final inspection in the days leading up to settlement to ensure the property is in the agreed condition. We can help coordinate this with the real estate agent.
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How do I pay for my property purchase?Payment is typically made through bank cheques or electronic funds transfer. We'll provide clear instructions on the amount and method of payment well before the settlement date.
Why Choose Landmark Settlements
We deliver faster, hassle-free Property Settlements shaped by unparalleled expertise and local know-how.
Your Peace of Mind is Our Top Priority
At Landmark Settlements, we understand that property transactions are more than just paperwork—they're pivotal moments in your life's journey. That's why we've cultivated a unique approach that places your needs at the heart of everything we do.
Our team of seasoned professionals doesn't just process your settlement; we partner with you every step of the way. We begin by listening intently to your unique situation, understanding your goals, and crafting a bespoke settlement strategy that aligns perfectly with your aspirations.
Choose Landmark Settlements, and experience the difference that true innovation and client dedication can make. We're not just settling properties; we're setting new standards in the industry.
Don't let your property settlement be anything less than exceptional. Contact Landmark Settlements today, and take the first step towards a seamless, stress-free settlement experience.
Your peace of mind is our top priority. We provide regular updates and are always available to address your concerns, ensuring you feel confident and informed throughout the process
Client-Centric Approach
We pride ourselves on our deep-rooted understanding of Perth's property landscape. Our local knowledge is a crucial advantage that benefits you throughout the settlement process.
Local Knowledge
From residential to commercial properties, simple transfers to complex transactions, our team will partner with you to navigate your transaction with the highest level of dedication and professionalism.
Comprehensive Services
With over 45 years of collective experience in our team navigating Perth's dynamic property market, we offer a wealth of knowledge and experience that helps your property settlement run smoothly.
Unparalleled Expertise
