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Legal & Conveyancing

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Amy L.
Amy L.
Cranbourne South, VIC
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Hi
My mum brought a house for around 400k outright but was short 70k so my sister got a loan for the amount and then went onto the house title..we all live together but my sister is now moving out and wants me to take over the loan amd she want to get off the title..
Firstly: what is the cost to just remove her and leave my mum on the title?-is there stamp duty involved?
2nd: if i get on the title what will the costs be?? Will it be calculated only on the 20% my sister put in if i was to do tenant in common or the full market value??..i also work fulltime and have an investment property amd never applied for FHOG and i have a pension card and so does my mother...
Will us both being on a pension card wipe out the stamp duty ?? If i am only being added to the title..
We will have to refinance the 70k borrowed so the loan is in both our names or just mine

5 months ago
Do A.
Do A.
Keysborough, VIC
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0 Followers

Hi,

I have purchased a property in 2010 and used my first home buyers grant. Now, my partner (never had a property under his name) and I are thinking of buying a apartment as an investment property together. What I would like to know is

1. In future, if my partner can afford to buy a property purely only with his name on the title and use as his primary residence, will he be entitled to the first home buyers grant?

2. What happens if both our name with be on the loan just not both name on the title.

Hope someone can help me out!

Regards,

last year
Diane S.
Diane S.
Oxenford, QLD
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0 Followers

Asking for a friend who lives in an Retirement Village -
She has a small unit, half the size of many other dwellings, the house takes up the whole block. She pays the same land rental as the larger dwellings and their larger sized blocks which can accommodate caravans, boats,etc.
Is there any avenue that can be tried to get her payments more in line with her
very small imprint. ????

last year
Sarah M.
Sarah M.
Nerang, QLD
3 Likes
0 Followers

Hi!
My youngest sister has been Granted Letters of Administration for my dad’s estate. His house is the only asset left to distribute. It’s equally owned amongst 4 siblings. 3 of us have cleaned and emptied it, ready to sell. One of my siblings is a meth addict and has since moved in to the house, without our consent. Looking for recommendations on how to go forward. We need to sell and we need to get them out to do that. I don’t know where we stand legally as we’re all equal beneficiaries. Can we force them out if they refuse to leave?

last year
claire W.
claire W.
Artarmon, NSW
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I would please like to know the best type of home loan for a couple, where one partner has children from a previous marriage, especially if the partner without the children is putting in the deposit. Is it best to set up "Tenants in Common" or "Joint Tenancy".

Question 2.
Could you also give me the advantages of "Tennants in Common" and the disadvantages of "Joint tenancy" (and if there are any advantages in Joint tenancy?)

Many thanks

last year
Diane S.
Diane S.
Oxenford, QLD
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0 Followers

Inquiring for an elderly friend who is trying to get her estate in order. She does not want her family to have anything when she dies (she feels that they have got enough from her as it is and doesn't even want to mention them by name in her will) -
all money is to be left to charity.
She is assuming that once she dies and the will is in the hands of the solicitor he will then action and wind up the estate.
I should mention that she is living in Qld.

last year
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