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Transfer of ownership

  • 10-06-2010 4:34pm
    #1
    Strongbow10
    Closed Accounts Posts: 2,758 ✭✭✭


    Ok purely hypothetical scenario

    A brother and sister are left a 50/50 share in the freehold of a house in the UK

    he lives in the UK and she lives in Ireland.

    Brother wants to buy sisters half. They come to an agreement and brother wants to engage a solicitor to work on his behalf and requests sister to do likewise to complete transfer.

    What is the cost involved?

    Should she get a solicitor in ireland or in the UK?

    Is there any need for her to engage a solicitor at all as alot of the work was done when transferring the house into both names in the first place?


Comments

  • #2
    Tom Young
    Legal Moderators, Society & Culture Moderators Posts: 4,338 Mod ✭✭✭✭Tom Young


    UK, or a firm here with a UK office. There are a few.

    Depending on relations, one solicitor could probably do both. Costs on a scaled basis usually some percentage of the value of the conveyance/transfer.

    Tom


  • #3
    nuac
    Registered Users, Registered Users 2 Posts: 6,769 ✭✭✭nuac


    I have done such transactions, using Jordans in London for the UK property. That firm acts as agents for other solicitors firms inside and outside the teh UK and are very efficient.

    You need to watch the CAT situation here and equivalent legislation in UK.


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