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Register & Title Plan
Splitting title?
Splitting title?
Posted
Tue, 12 Mar 2024 18:45:01 GMT
by
Mister Crumpet
Hi
My house and land are split over 2 separate title deeds, one deed covers the house and some land, and the second deed covers a field and garage,
I am planning on selling the field but keeping the garage, the buyer (a relative) has had a DS3 and a TR1 form drawn up with an outline for the land to be sold minus the garage but I am wondering what will happen to the land/deed for the garage?
will this automatically go on a new deed or could I have it transferred to the deed for the house?
Posted
Wed, 13 Mar 2024 07:51:08 GMT
by
Adam Hookway
Hi Mister C - if you are transferring part of a title then you need a TP1 and not TR1.
If part of a title is transferred to someone new then that part gets a new title generally. The retained part keeps the existing title.
Posted
Wed, 13 Mar 2024 08:56:34 GMT
by
Mister Crumpet
Thank you for that Adam,
would a new deed be drawn up for the existing title showing the new boundary’s?
thanks
Posted
Wed, 13 Mar 2024 08:58:39 GMT
by
Adam Hookway
No - the TP1 with a suitable plan should enable the land to be split away and the old plan updated as part of that process
Posted
Wed, 13 Mar 2024 10:05:04 GMT
by
Mister Crumpet
Ok thank you
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