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What is a Survivorship Application?

joint ownershipAn article from our Understanding Property Law and Understanding Wills & Estates Series

If a property is owned by two or more people as joint proprietors and one person passes away, their share will automatically go the survivor(s).

However it will still be necessary to lodge documents with the Land Titles Office Victoria in order to formally change the names on the Certificate of Title.  In order to this you will need to lodge a Survivorship Application and supporting evidence by way of a statutory declaration and pay the Land Titles Registration fee (currently $96.40).

If there is a mortgage registered on the Certificate of Title, you will need to obtain consent from your bank or financial institution prior to lodging the Survivorship Application at the Land Titles Office.

Property Law Advice

These articles are general in nature and may not apply to your specific situation. For  more detailed property law advice we recommend seeking legal advice from a property law lawyer. The Property Law team at Astuto Lawyers can be contacted on (03) 8631 4444 or by completing the following form:

Wills and Estates Law Advice

These articles are general in nature and may not apply to your specific situation. For  more detailed Wills & Estates law advice we recommend seeking legal advice from a Wills & Estates law lawyer. The Wills & Estates Law team at Astuto Lawyers can be contacted on (03) 8631 4444 or by completing the following form:

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