15-10-2020 09:26 AM
We have a transfer between spouses where the Title is in the sole name of the wife and she would like to add her husband on the Title as a joint tenant. We have created the Transfer successfully in PEXA but it seems that the PEXA Fee is charged twice. The consideration is for natural love and affection and is stamp duty exempt. We represent both parties.
Should these type of transfers only be charged one PEXA Fee as this is a very common transaction for part tenancy transfers between spouses with nil consideration. This is a considerable expense to the client to be charged twice for the one transfer especially as the transferor is already on the Title.