on 01-07-2020 11:45 AM
on 01-07-2020 11:45 AM
I refer to the above and require advice on the Transmission of one half share as follows;
We have been advised that creating a Transmission Direct to Beneficiary will result in the SP being a tenant in common with herself, and that her name will be listed on title twice. Has anyone had experience with this and is there any way around this happening, and what steps need to be taken?
09-07-2020 12:43 PM - edited 09-07-2020 12:44 PM
09-07-2020 12:43 PM - edited 09-07-2020 12:44 PM
Hi @Kiera
Completing a Transmission Direct to Beneficiary who is also a party on title in their own right, will merge to a Sole Proprietor once the Transmission Direct to Beneficiary is registered with LRS.
Please contact our Support Team on 1300 084 515 for more information.