If the legal ownership of property or land that you own is changing hands, but at least one of the owners is set to remain on the title, then a transaction known as a transfer of equity is required. There are a number of reasons for requiring a transfer of equity. Common ones we deal with here at HardingEvans include:
If your transfer of equity is due to a divorce or separation, then remember, before you proceed with your transfer of equity it is essential that any conflict between you and the other co-owner is resolved. This sometimes requires legal assistance. Our divorce and separation department can assist you with this. We also have a dedicated Wills and Probate department that can advise you about transferring a share of your property to a child or family member.
Get in touch with the team today by clicking here.
Harding Evans is a trading name of Harding Evans LLP, a limited liability partnership, registered in England & Wales (registered number: OC311802), authorised and regulated by the Solicitors Regulation Authority (SRA number: 419663).