The transfer of equity describes a change of ownership of a property, in cases where at least one of the original named parties remains on the title deed.
This typically occurs when a married couple divorces and needs to split their assets, when a co-habiting couple marries and their names need to reflect it, or when an ex-spouse is replaced as an owner with a new-spouse. There are many other more configurations, but regardless, we can help facilitate the process for you.
“We are happy to give you initial advice to help you understand the implications, the procedure and the best course of action, before you decide to go ahead.�?
What we can do for you
We appreciate that a transfer of equity could be a sensitive and emotional transaction. You can rest assured that our experts will do all they can to make this as quick and easy as possible, so as not to cause any undue distress.
There are a number of options when it comes to transferring equity. In some cases, it may be more profitable to re-mortgage the property in order to take advantage of a better rate of interest. This can then be combined with the transfer of equity.
Whatever your reason for transferring equity in your property, it is essential that you receive first-class advice from a source you can trust. Brown & Brown Partners LLP has extensive experience advising on the transfer of equity in residential property, and we are here to help.
Our experts can provide assistance when transferring equity in the following situations:
- Where there is no mortgage
- Where there IS a mortgage
- If the property is leasehold
- When money is changing hands
- When property is gifted
- Where a trust is formed
- When a court order dictates
Working with Brown & Brown Partners LLP
We pride ourselves on offering clients the very best levels of customer service, striving to reassure them at every step of the way. In the interests of transparency, we will provide an estimate of our fees at the start, so you won’t have any additional costs to worry about.
With almost 25 years’ of experience, our approach is that of client care – we’ll remain in close contact with you while the transfer is taking place. We aim to exceed expectations while completing the task in a timely fashion.
Our specialist experts may be able to help you with other, related matters too. For instance, we are well-respected family law solicitors who have helped families throughout Toronto to resolve disputes and relationship breakdowns with sensitivity.
“Thank you for your outstanding support and highly admirable professionalism in these circumstances�? – Mr A, Docklands
Contact Brown & Brown Partners LLP - Transfer of Equity, Property Lawyers Toronto
If you have any questions about the transfer equity or you would like us to facilitate yours, please get in touch. You can call us submit an online enquiry and one of our friendly solicitors in Toronto, will call you back at a convenient time.
