What is Transfer of Ownership?
A Transfer of ownership (sometimes called Transfer of Equity) is needed when you want to change the legal ownership of your property. You are strongly advised to appoint a solicitor to do this.
A property is often the most valuable asset a person will ever own. You can count on us to ensure you receive the best advice to protect your interests.
We understand that sometimes a transfer may be a necessity rather than choice. Whatever the circumstances, our specialist advisors will guide you through this process with complete confidence.
Some examples of when a Transfer of Ownership may be required:
- If you get married and want to transfer an existing home into joint names.
- If you get divorced or separated and want to transfer a jointly owned property into the sole name of one owner
- As part of tax planning if advised by your financial adviser to transfer your share of the property.
For further information please contact our dedicated residential property team on 0161 833 0044 or email property@abacus-law.co.uk
It may be the case that changes to the Property ownership are contentious and a dispute has arisen. If you have concerns regarding your interest in a property then please consult our Co-Ownership Disputes page here.
