Trust Deeds & Co-Ownership

A Trust Deed is a legally binding document setting out individual contributions to the purchase price.

It also clarifies what happens on sale if the Buyers should acrimoniously split up.

If one party is investing significantly more money in the property it is advisable to have a Trust Deed prepared.

It provides certainty as to the parties intentions and can be relied upon in any future legal proceedings.

The Deed will make clear who gets what on eventual sale.

A Trust Deed, or Declaration of Trust, is additional to your conveyancing matter and will require a further legal fee.

See also my Co-Ownership section regarding Joint Ownership or Tenants in Common in set shares.

You should also consider having a Will drafted when you own property. If you pass away without a Will your estate and assets are subject to intestacy law.

MY SERVICES INCLUDE:

Acting for anyone Buying, Selling or Remortgaging In England or  Wales

I am a:

• Solicitor of 23+ years

• SRA & CQS Regulated

• Help to Buy Accredited

• Recommended - Trustpilot & Yell.com

Instruct me for your:

• Transfer of names on deeds & mortgage

• Equity Release  & Lifetime Mortgages

• Bridging Finance

• Auction Property

• Leasehold matter

• Freehold matter

• Trust Deeds & Declaration of Trusts

• ID1 Forms (HMLR)

• Statutory Declarations

• Independent Legal Advice

• Shared Ownership or Shared Equity

Request a Quote:

https://www.emmaselfridgelawyer.com/contact

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