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  • Profile photo of nichznichz
    Member
    @nichz
    Join Date: 2010
    Post Count: 7
    January 6, 2010 - 4:44 am

    Thank you!

    Profile photo of nichznichz
    Member
    @nichz
    Join Date: 2010
    Post Count: 7
    January 6, 2010 - 1:32 am

    What is the process to get a power of attorney  for the property so i can be authorised to act on their behalf.

    Many thanks

    Profile photo of nichznichz
    Member
    @nichz
    Join Date: 2010
    Post Count: 7
    January 5, 2010 - 6:31 am

    Haha, that is what I said to them as well.

    It is the principal place of residence. Now I know that Stamp Duty cannot be avoided, can Capital Gains be avoided?

    Thanks

    Profile photo of nichznichz
    Member
    @nichz
    Join Date: 2010
    Post Count: 7
    January 5, 2010 - 6:23 am

    The reason for the change in ownership is to allow me to do renovations to the property. As my parents reside overseas now, they think it would be convenient if I could take ownership.

    Is there such a thing as giving consent to the ownership of the property?

    Thanks

    Profile photo of nichznichz
    Member
    @nichz
    Join Date: 2010
    Post Count: 7
    January 5, 2010 - 3:55 am

    Yes, we own the property outright.

    Is there any way to do it without paying stamp duty.

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