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Register & Title Plan
Creating a new title number for a parcel of land
Creating a new title number for a parcel of land
Posted
Wed, 29 May 2024 18:01:11 GMT
by
Robin & Sons
Hi Adam,
I am the freeholder of a property comprising of a small-business occupying the ground floor and a flat above it. At the back of the premises, there is a small parcel of land. Currently, they are under one title number.
I would like to separate the freehold title of the property and transfer the parcel of land to a limited company. I plan to develop the land and create an outbuilding, which will serve as the registered office address for the limited company.
I am not sure if I should use the AP1 form or the TP1 form. From what I understand, if I am successful in splitting the title deed via the AP1 form, I would then have to transfer the parcel of land to the limited company via the TR1 form. However, I could combine these two steps via the TP1 form.
Could you please kindly clarify the steps I should take in order to create a new title number for the small parcel of land.
Many thanks,
Robin
Posted
Thu, 30 May 2024 05:53:48 GMT
by
Adam Hookway
Hi Robin - form AP1 is the application form. Form TP1 is the transfer (legal deed) so you need both for
a single application
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