Blackfish Conveyancing in Glenelg, South Australia | Property

Blackfish Conveyancing

Locality: Glenelg, South Australia

Phone: +61 410 680 981

Address: 722 Anzac Highway, 5045 Glenelg, SA, Australia

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• Property lawyer

22.01.2022 If you are buying or selling property at the moment; make sure you speak to an expert Conveyancer about the option of requesting a COVID19 clause that has been ...developed to protect you during these interesting and uncertain times. Speak to your Conveyancer before signing any contracts. We have the clause wording ready to go.

15.01.2022 Lauren and Ryan engages us to manage the Conveyancing for their Land purchase. Great to help you guys!

07.01.2022 It’s Tanya’s Birthday! Give her some love this week when you’re on the phone :)

05.01.2022 We just helped Matt and Rebecca buy a block of land! Great to help you guys :)

05.01.2022 For those wanting to escape the city life, our clients are selling this beautiful family home! https://m.realestate.com.au/property-house-sa-mount+compass

05.01.2022 We love Happy Clients!

04.01.2022 We are working from home as per Govt instructions. Please still email [email protected] or call Tanya direct 0410 680 981 if you have any urgent questions. If you have any property settlements coming up; make sure you keep in touch with your Conveyancer :)

04.01.2022 Update for our clients building!

01.01.2022 Tanya just received some love on this sunny Monday morning!

01.01.2022 :: Property ownership :: A great amount of property is owned by more than one individual or entity and this is often referred to as ‘joint ownership'. However, there are two different types of joint ownership and real estate salespeople are often asked the difference between ‘joint tenants' and ‘tenants in common'. Joint tenants own property in equal shares, depending on the number of owners. For example, if there are two joint owners, they own half of the property each. Or i...f there are six joint owners, they would each own one-sixth of the property. When a property owned by joint tenants is sold, each joint tenant (or owner) has an equal interest in that sale and each is required to individually sign the sale contract. Should a joint tenant die, their interest in the property automatically passes to the survivor/s. Practically, this means that if there were only two original joint tenants, the survivor would assume sole ownership in the event of death. In the example of a property with six joint tenants, the surviving tenants would each finish with a fifth share. The interest of a joint tenant cannot be bequeathed. Tenants in common may own property in unequal shares and this type of ownership is usually established at the time of purchase, however the specific shares can be altered at any time, subject to all parties agreeing on the change. This type of ownership is more common with investment properties and each tenant in common is able to deal with their interest individually. This means that they are able to leave their portion of ownership in their will to anyone they choose and the other tenants in common have no legal claim to it. As a purchaser, it is important that you consider the type of ownership you wish to establish if you are purchasing property. There is an important difference between the two types of ownership and if you do not specifically stipulate a request for ‘tenants in common' on a transfer title, ‘joint tenancy' will prevail. It's also important to understand the impact of different property Title’s. Speak to Tanya and your finance broker when looking at buying a property to see if the property ownership or Title structure impacts your home loan. https://www.reisa.com.au//gene/types-of-property-ownership