Adding your spouse to the Title
Adding Your Spouse to a Property Title in Western Australia
Adding your spouse to the title of a property is an important decision that can have legal, financial and tax implications. The process generally involves transferring an interest in the property and may result in transfer duty (stamp duty) being payable, depending on the circumstances.
It can also affect your ownership structure, future sale of the property and any existing mortgage arrangements.
Before adding your spouse to the title, it is important to understand the potential costs and implications.
You should consider obtaining advice from your settlement agent and where appropriate, a solicitor or tax adviser, to ensure the transfer is structured correctly and that you understand any duty, tax or lending requirements.
At Bouvard Settlement Services, we can help make the process straightforward and ensure the necessary settlement and transfer requirements are taken care of. We can guide you through the steps involved, liaise with your lender and other professionals where required, and keep you informed throughout the process.
We strongly recommend obtaining appropriate legal or tax advice where necessary so you understand the potential duty, tax and lending implications before proceeding.