Giving a Property
Madden Law – Clear, concise advice about property
Why choose Shona Madden of Madden Law ?
Shona has over ten years experience in transferring property. Shona provides transparent costs. Shona give straight forwards forms, to ensure that the process is as stress free and straight forward as possible. Shona offers a range of flexible appointment options. Shona offers video consultations to discuss your contracts and mortgage documents. These can be booked online at a time that suits you. There is ample free parking outside our office at the Bryanstown Centre, Drogheda.
How long does the legal process take to transfer a property?
If there is no mortgage on the property and then title deeds are available, you can expect the legal documents to be completed in approximately 6-8 weeks. The registration of the change of ownership will take approximately 6 weeks in the Property Registration Authority.
Advice about giving a property.
Your PPS number is required to be given to the recipient, to file the stamp duty return on ROS
Capital Gains Tax
The current market value of the property and the recipient need to be reviewed to see if there is a CGT liability.
The solicitor acting for the person getting the property, cannot act for the person giving it.
Locate your title deeds and give them to your solicitor to prepare the Deed of Transfer.
Download our guide to giving property
Watch the recent Facebook Live webinar where Shona discusses the process for First Time Buyers.
We have 10 years experience in property law and we can answer all your property law questions
Book a Video Appointment with Shona Madden
Frequently Asked Questions about giving a second-hand property:
The solicitor acting for the person giving the property will review the title deeds and prepare a Deed of Transfer. A copy of the title documents and the draft Deed is sent to the solicitor for the person getting the property to review.
In most circumstances, no. The person giving the property must be represented by a separate solicitor than the person getting the property. There are some exceptions for transfers between spouses and companies.
A current market value is required in order to calculate if Capital Gains Tax is applicable.
Clear, concise advice.
“I’ve been buying houses for over ten years. I’ve put together some videos with some of the most common issues. My aim is always to provide clear, concise advice. “