The transferee is the entity or a person that is acquiring the interest in the property. On completion of the property transaction the transferee will become the future owner of the property. The source of transferee name is your transfer of land form.
The transferee type may be one of the following:
- Company
- Individual (natural person)
- Individual – Other (e.g. trustee, custodian, legal representative LPR or executor)
- Organisation (e.g. government body, semi-government body or agency)
- Association (e.g. incorporated or unincorporated body)