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  1. Terry_w

    Joint Proprietor vs Tenants in Common

    all the usual. stamp duty and CGT, new loan application etc.
  2. Terry_w

    Joint Proprietor vs Tenants in Common

    Opposite mr No mates. On the death of a JT their interest in the property passes to the surviving joint tenants. i.e. it bypasses whatever is in the will (doesn't mean this cannot be challenged) A TIC can leave their share to anyone in their will. (this can also be challenged) A tenant...
  3. Terry_w

    Joint Proprietor vs Tenants in Common

    The catch is any transfer of title will be a CGT event, so CGT will be triggered. you will also need to reapply for the loans. Change in ownership results in stamp duty, but land in Vic will probably be exempt under s45 Duties act. Consider the deductibility of interest too - you could...
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