Conveyancing and Buying a house by FDW Law

If you are buying the property in more than one name you must decide whether it is as:

1. Joint Tenants: This means that if one party dies the property automatically transfers to the survivor/s.
2. Tenants in Common: This means you each own a separate share and would form part of the deceased party’s estate.

If a joint purchase does not fall completely into one of these two categories then we can prepare a Declaration of Trust for you. If you require any information on this please do not hesitate to contact us.