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Posted 9 days ago by Richard Booth
Hi

A property is owned by two individuals as tenants in common in equal shares. One tenant in common is buying the 50% owned by the other tenant in common. Which form transfer form do I use - TR1 or TP1?

Thanks in anticipation of your help.

Richard
Posted 9 days ago by Adam Hookway
Hi - for TR1. The legal ownership can only ever be transferred as a whole. The 'share' you refer to relates to their beneficial ownerships.
Form TP1 is used when transferring a physical part of a property for example part of the garden 
Land registration is complex, designed to protect legal and financial interests in property. There can be significant consequences for any error. Please consider seeking legal representation. Find out about making an application without legal representation.
Posted 9 days ago by Richard Booth
Many thanks for the help.

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