This document is a template transfer of units. This precedent should be used when units need to be transferred from one person or entity to another. A transfer of units may not be effective unless stamp duty (if applicable) is paid, consents obtained and other requirements of the unit trust deed (eg pre-emption rights provisions) are complied with. In the case of a trust that is, or is deemed to be, "land rich", stamp duty on a transfer may apply on the unencumbered underlying land value. See Australian Stamp Duties Law, LexisNexis, Looseleaf, Sydney. Related precedents |
This precedent should be used in association with the precedent “Unit trust deed”.
This document has been authored for LexisNexis by Selwyn L Black Peter D Carroll, Carroll & O’Dea and updated by Jane Garber-Rosenzweig, Gable Lawyers.
This document is prepared with the assistance of Specialist Editor Stephen Newman, Executive Counsel, Ponte Earle.