A transfer of equity is when you wish to remove or add someone else to the title. Transfers of equity are common in relationship breakdowns where the property they own together is transferred into the sole ownership of one of them. However, a transfer of equity also occurs when people wish to re-arrange how they hold property for tax or personal reasons, or when they wish to re-mortgage a property.
If the property has a mortgage, you must obtain consent from your lender before the transfer can proceed. No matter what the circumstances, we will handle each case with the utmost professionalism and will be happy to answer any questions you have along the way.