Is your property agent advising you to take 99-to-1?
The ownership arrangements and regulatory concerns behind 99-to-1 transactions.
I discussed 99-to-1 ownership arrangements in relation to Additional Buyer’s Stamp Duty (ABSD), including regulatory concerns and the risks facing purchasers.
The discussion concerned arrangements used to avoid ABSD and the associated regulatory scrutiny. Unequal ownership shares alone do not establish that an arrangement is abusive.