A Statutory Trustee can be appointed by the Court on the application of a co-owner of real property, in NSW this occurs most commonly pursuant to section 66G of the Conveyancing Act 1919, but also under various other legislative provisions. Statutory Trusteeships usually occur where there is a dispute between the co-owners as to the whether or not a property should be sold. A Statutory Trustee, once appointed, has the power to sell the property and distribute the proceeds of sale.
At O’Brien Palmer, we have extensive experience in acting in this capacity. Contact us to see if we can assist you in circumstances where you are involved in a dispute in relation to real property.