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We have a commercial property with two warehouses on the property. They are owned by a family trust comprising of two family trusts. They are set up as two strata titled unit each having their own separate rates, water and power. We would like to transfer them so each family trust has a unit each. How do we do this and will we have to pay stamp duty on them to transfer them.
Optional Information: State/Territory: Northern Territory Already Tried: Nothing as yet.
Good Afternoon,
The property is in the name of both family trusts.
There are only two family trusts and the property is owned by both.
Good Evening,
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