Hi Jack
To confirm, the property was registered in both owners names as Tenants in Common.
50% remains with the survivor, the other 50% is held on Trust.
Beneficial and legal owners are different hence the need for registration.
Hi Jack
To confirm, the property was registered in both owners names as Tenants in Common.
50% remains with the survivor, the other 50% is held on Trust.
Beneficial and legal owners are different hence the need for registration.