Property Types that Do Not Require Grant of Probate

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Common Properties - Not Require Grant of Probate

Transcript of Property Types that Do Not Require Grant of Probate

Page 1: Property Types that Do Not Require Grant of Probate

Common Properties - Not Require Grant of Probate

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Not sure if you need a Grant of Probate or Letters of Administration?

You may need to obtain a Grant of Probate or Letters of Administration because some people or organisations holding assets of the deceased estate will not release them without sighting a Grant of Probate or Letters of Administration.

Below are listed some common types of property. Depending upon the circumstances, you may not require a Grant of Probate or Letters of Administration.

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Types of Properties

• Accommodation Bonds• Bank Accounts

• Boats• Cars and Trailers

• Houses and Land – Joint Tenants• Houses and Land – Tenants in Common

• Shares

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Accommodation Bonds

In WA, generally a Grant of Probate or Letters of Administration will be required.

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Bank Accounts

Bank accounts held jointly with another person do not form a part of the deceased estate.

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Boats

In WA, the ownership of boats may only be transferred once the Grant of Probate or Letters of Administration has been completed.

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Cars and Trailers

In WA, the ownership of cars and trailers can be transferred once the Grant of Probate or Letters of Administration has been completed.

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Houses and Land - Joint Tenants

In WA, if a house or land was owned as "joint tenants", the property may be transferred without the Grant of Probate or Letters of Administration.

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Houses and Land - Tenants in common

In WA, if a house or land was owned as "tenants in common", the property may only be transferred once the Grant of Probate or Letters of Administration has been completed.

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Shares

In relation to shares, generally shares can e transferred from the deceased estate to a beneficiary of the will without need for a Grant of Probate or Letters of Administration.

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Our team of experts can provide you with advice and assistance with the matters related to probate. Call Robson Hayes Legal on (08) 6181 0790 or email us at [email protected] to discuss your problems with us.

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