Resolving Property Co-Ownership Disputes: A Guide to Section 66G and Court-Appointed Trustees. An article co-authored by David Levi-Levi Consulting in conjunction with Nick Dale-Partner, Swaab.
The purchase of residential or commercial property together may occur for a variety of personal or business reasons. However, if circumstances change, one co-owner may wish to sell or divest their interest while their fellow co-owners don't and are unwilling or unable to buy the former out. If you want to sell a property which you co-own in NSW, what happens when the other owner doesn't? Section 66G of the Conveyancing Act 1919 provides a solution.
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For further information please contact:
Richard Ottley, Partner
Phone: +61 2 9777 8302
Email: nad@swaab.com.au
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.