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Thanks for the info. So if settlement doesn't occur until years later, say me being the original owner got divorced, who legally owns the propety if its currently wrapped? As in would my ex-wife, be able to stake a claim on the property?

Thanks again. Option 1 would be the ideal option, but failing that, say you went with options 2, wouldn't your lender pick up that there is activity with the asset in question when relevant documents are lodged to the authorities in terms of the wrap?

Thanks for your reply. As a side note to that, what do people who usually wrap a property, tell their bank? As in, do they tell their bank that they are wrapping the property because I would imagine in most circumstances that the bank would not approve?

Saw I own an investment property and I wrapped it to another person, so that they are in effect paying it off etc. just like a normal wrap, if I then get divorced, is my spouse entitled to half of the house or is she not because it is wrapped?