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My parent's estate has passed probate and it will divided up between the three children.
50% is going to one child and 25% is going to both of the other children.
All parties involved have reach an agreement where the holder of the largest portion will buy out the remaining two 25% shares.
Can the solicitor handling the settlement of the estate handle the transfer of the property without there being a conflict of interest and is this something that has to be done through Pexa?
My thoughts on the matter is that there isn't a conflict as the solicitor is acting on behalf of the estate. Am I wrong?
Can the solicitor draw up contracts to be signed by all parties? The new owner of the property will then register the transfer of the property through Pexa.
I would appreciate any thoughts on this matter.
Hi @dawnmcc61 ,
It sounds like you are after some legal advice and I would suggest asking about your query of conflict of interest to your chosen Solicitor. You are right that the transaction itself can be completed in PEXA.