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Adding name to land title

Discussion in 'Legal Issues' started by Dezza_007, 16th May, 2016.

  1. Dezza_007

    Dezza_007 New Member

    Joined:
    16th May, 2016
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    Location:
    Melbourne
    Hi,

    Hoping to get a bit of help as have not been in this boat before,

    Few months back, my partner and myself bought a plot of land for our PPOR but only had her name on the contract but we had a and/or nominee clause after her name in case we decide to put my name as well.

    Now we have decided to include my name on the contract but the land sales girl have informed us that we need to go through our convayancer to include my name and was a matter of filling up the nomination form and straight forward.

    Just wanted to make sure if this was straight forward as she mentioned and would not be an issue as on settlement date (land titles in October/Nov) land will be registered in both our names?

    Any help appreciated.
     
  2. thatbum

    thatbum Well-Known Member

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    Just curious, why do you want your name on the title as well?
     
  3. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    Speak to your lawyer, but probably just need to put both names on the transfer.

    But consider Thatbum's question seriously - why?
     
  4. KateAshmor

    KateAshmor Victorian conveyancing lawyer Business Member

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    Yes, your conveyancer / solicitor needs to prepare the nomination paperwork to ensure you become a joint owner after settlement. No need to amend the contract - the nomination paperwork will be sufficient.
     
  5. JacM

    JacM VIC Buyer's Agent Business Member

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    I've seen special conditions in contracts of sale crafted to incur fees against the purchaser payable to the vebdor's conveyancer for each nomination or substitution. Check to see if this would apply to your contract.
     
  6. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    Keep in mind this various from state to state.
     
  7. Dezza_007

    Dezza_007 New Member

    Joined:
    16th May, 2016
    Posts:
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    Location:
    Melbourne
    Thanks guys.

    Convayancer is going to send through nomination paperwork. So this mean we will be co-owners ON settlement and do not need to pay stamp again to add my name as not after settlement?