Tenants in common trust dead
Tenants in common trust dead
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BertBert

Original Poster:

21,272 posts

241 months

Tuesday 20th March 2018
quotequote all
I have a trust dead regarding a shared ownership property which sets out the beneficial interest of the two parties and that they are tenants in common.

Having now executed it, does it need to be filed anywhere official (like the land registry) or just in my filing cabinet at home?

Thanks
Bert

killerferret666

463 posts

218 months

Tuesday 20th March 2018
quotequote all
When I did this I had my solicitors hold on to a copy for us, as it was offered. That was it. We had a copy at home which I found in the loft a year after I needed it biggrin

anonymous-user

84 months

Tuesday 20th March 2018
quotequote all
My understanding is it would already be registered with land registry once deeds were prepared in joint names, I may be wrong because mine are the same.

BertBert

Original Poster:

21,272 posts

241 months

Tuesday 20th March 2018
quotequote all
That's the problem, it wasn't done at the time, so we've just done it, hence the question!
PAJERO said:
My understanding is it would already be registered with land registry once deeds were prepared in joint names, I may be wrong because mine are the same.

bladebloke

396 posts

225 months

Wednesday 21st March 2018
quotequote all
If the transfer that was used when you acquired the property had the 'joint tenants' box ticked then you should arrange for the severance of the joint tenancy to be registered. This is because currently, the restriction on a title that gives the world notice that it's held as joint tenants (which starts "no disposition by a sole proprietor ...") will be absent.

It's probably most efficient to get a solicitor to do this for you - it should be a formality so minimal fees, and if you want to do it yourself you're looking at £60 each for the process you'll need to go through just to establish your ID for the Land Rwgistry.