Transfer of Property Ownership North Dublin
Legal advice when changing the ownership of a property
There are many reasons why ownership of a property may need to change even though the property is not being sold on the open market.
You may want to transfer a property to a family member, add or remove someone from the title, transfer a site or restructure how a property is owned.
Whatever the reason, transferring ownership is a legal transaction and it is important that the appropriate documentation and registration requirements are dealt with correctly.
Shannons Solicitors can advise you on the legal process and handle the transfer from beginning to completion.
Reasons for Transferring Property
Property transfers can arise in a variety of circumstances, including:
Transfer between family members
Transfer from parent to child
Transfer of a site
Adding a spouse or partner to a property
Removing an owner from the title
Transfer following separation or divorce
Changes to property ownership
Transfers involving a mortgage
Estate and succession planning
Every situation is different, so we recommend obtaining legal advice before agreeing to a transfer.
How Does a Property Transfer Work?
The precise process depends on how the property is currently owned, who it is being transferred to and whether there is a mortgage or other legal interest affecting it.
We will review the title and circumstances of the proposed transfer, explain the documentation required and deal with the legal steps necessary to transfer and register ownership.
Transferring a Property With a Mortgage
If there is an existing mortgage on the property, the lender may need to consent to a proposed change in ownership.
Depending on the circumstances, additional mortgage documentation or refinancing may also be required.
We can advise you on the legal implications and liaise with the relevant lender where necessary.
Family Property Transfers
Transferring a house, land or site between family members may appear straightforward, but there can be important legal and taxation considerations.
Independent legal advice may also be required for different parties involved in the transaction.
Before proceeding, we can explain the legal steps and identify any matters that should be considered.
Property Transfers Following Separation
Property ownership can also change following separation or divorce.
Where a property is to be transferred from joint ownership into the name of one party, there may be additional legal and mortgage requirements to complete.
Our team can advise on the property aspects of the transfer and the documentation required.
Need to Transfer a Property?
Contact Shannons Solicitors in Swords and tell us briefly what you would like to do.
We'll explain the process, what documentation is required and the next steps.