At Madden Law, we provide a fixed cost service where there will be no surprises involved. We provide efficient and flexible services, and endeavor to make the process as quick and seamless as possible.
Costs in relation to receiving a site
Receiving a site – Instruction Form
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.
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.
The person receiving the property will pay stamp duty at 1% of the current market value of the residential property. A current market value is required in order to calculate the stamp duty that is payable.
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