Joint Ownership for Conveyancers - An Update on the Key Issues

Introduction

As the property market has flourished over recent years, few people can afford to buy alone. Even when people do buy alone, they may well have the ‘Bank of Mum and Dad’ in the background assisting them.

Conveyancers are often asked to advise on joint ownership at the outset but perhaps have not appreciated the issues that can arise if couples split up or there are family disputes much later after the transaction has completed that they could have advised a course of action upon.

This webinar will provide an update on the potential issues using practical, real life tested solutions.

What You Will Learn

This webinar will cover the following:

• A recap of the basics of joint ownership
• Can you be Joint tenants and tenants in common at the same time?
• Taking instructions to avoid issues and what to advise clients they should be considering
• Drafting the documents such as the transfer or declaration of trust with some practical examples of what to include in the same
• Restrictions to protect interests based on standard HM Land Registry restrictions that are available
• Lenders attitudes towards joint ownership in particular those who provide Equity Release mortgages
• Latest case law

This webinar was recorded on 9th August 2023

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