Seller or transferor means the individual , estate , or trust making the sale or transfer of a fee simple interest in real property. Sample 1. Sample 2. Sample 3. Examples of Seller or transferor in a sentence Transfer Tax shall not include any taxes imposed on the Seller or transferor of property that is measured by reference to the net income or gain of the Seller or transferor or any China Taxes, which shall be the sole responsibility of Seller.
The 8th edition of John Bouvier's law dictionary described a transferee as "he to whom a transfer is made" and a transferor as "one who makes a transfer ". Meeting the legal requirements of a transferee can have legal consequences, especially if the transfer goes wrong or there is some issue with the ownership or condition of the property being transferred. Similar but not identical words were used previously by Justice Easterbrook in Bonded Financial v European American Bank again in the context of bankruptcy litigation emphasis added :.
The purpose of these distinctions is to exclude agents and trustees from the definition as these parties do not have dominion or the unfettered ability to put the property to their own use. VAT number is Complaints Request a Quote Contact Us. Transfer of Equity. What are the steps in a transfer of equity?
Once this is approved, then Lawyers can be instructed to act Once the Transfer Deed is in an approved form we would arrange for you to sign the same.
Stamp Duty Please note that Stamp duty can sometimes be payable when completing a transfer of equity — our team of lawyers will assess your circumstances and can advise you further on this. Complete the form below and one of our expert will get back to you. Our Services.
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