A new section has been added to the By Lawyers Reference Guide 1001 Conveyancing Answers (QLD) dealing with changing trustees on the title of a property. This applies where the ownership of the property does not change, only the name of the trustee who holds the property for the trust.
The helpful addition covers the procedure required by the Titles Registry to change the name of the trustee on title, with reference to all necessary forms and supporting documentation and a note regarding stamp duty consequences.
This new section has been added following a question sent to our Mentor service by a practitioner seeking clarification of the procedure in such a case. At By Lawyers we are always looking to enhance our publications to better assist our subscribers with the practical situations they encounter and we hope this is one example of that happening.