A transfer of equity is usually where one party wishes to transfer or sell shares in a property (or equity) to another party or where two or more parties wish to transfer shares to a single person.  A common occurrence of this may be where a couple have got married and the wife wishes to transfer her own property into the joint names of her and her new husband from her own sole name.  Conversely where a couple have got divorced, they may agree that the property will be transferred from their joint names to a single name.

Transfers of equity can trigger tax so specific advice should be taken in this scenario.