How to find out how many properties someone owns?

Viewing 5 posts - 1 through 5 (of 5 total)

krish81
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@krish81
Join Date: 2011
Post Count: 1
June 30, 2011 - 2:33 pm
How can you find out how many houses a person owns in a city?
Thanks
Krish
Scott No Mates
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@scott-no-mates
Join Date: 2005
Post Count: 3,856
June 30, 2011 - 8:00 pm
Why?
It doesn’t affect what price they will sell to you.
Catalyst
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@catalyst
Join Date: 2008
Post Count: 1,404
June 30, 2011 - 9:17 pm
Ask them.
Terryw
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@terryw
Join Date: 2001
Post Count: 16,213
June 30, 2011 - 9:55 pm
Go to the land titles office and do a search under their name. Then conisder there may be more than 1 person with that name.
If you want to find company owned properties then you will need to do a seach with ASIC and find all the companies in which they are a shareholder and/or director and then do land titles searches on each of these companies.
If you want to find out houses in trusts then for houses which they are a trustee or have an interest in the trustee company do as above. If you want to find out trusts in which they are a beneficiairy of or a unit holder of, then you cannot as trust deeds are not registered. eg. If you buy a house for me as trustee – no one can search to find that I am the beneficial owner.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
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Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Paul Dobson
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@pauldobson
Join Date: 2003
Post Count: 1,196
June 30, 2011 - 9:59 pm
Hi Krish
RP Data has the capability of doing a State wide or Suburb level, ownership search on a Family Name or Company name.
Cheers, Paul
Paul Dobson | Vendor Finance Institute
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An alternative way to finance your home.