Deed of trust - Land Registry RX3 - RX4

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    Deed of trust - Land Registry RX3 - RX4

    Hi

    we are currently tenants in common (husband and wife) and are putting the house back to beneficial joint tenancy.

    we have filled out form RX3 and are totally stuck with the following

    The completed form must be supported by either:

    a certified copy of the new (or amended) trust deed showing that everyone with a share or interest in the property agrees to the change, or
    a certified copy of the transfer showing that all the owners of shares transfer their shares to all the beneficial joint tenants, or
    a certificate given by a conveyancer that a deed in one of the forms referred to above has been entered into by all the parties.

    The supporting evidence must confirm that:

    together all of you own all of the shares in the property and no one else owns any other share in the property
    none of you has mortgaged any individual share
    none of you is bankrupt
    none of you has a creditor with a charging order against any share, and
    you all now hold the property as beneficial joint tenants.
    We don't have trust deeds new or otherwise, we own our house outright and have never signed anything.

    can anyone shed any light on what we are supposed to give ?

    Or would it be better to send form RX4 - which allows withdrawal of a restriction. (not sure what the difference is between a cancel or withdrawal of a restriction|)

    I don't see why we have to spend ££s on solicitors fees, on something we own, and both want

    any advice - help ?

    #2
    From what you say it sounds as if you started off as joint tenants. If so, how did you become tenants-in-common?

    Comment


      #3
      Hi we split it many years ago - inheritance tax reasons, but the reasons have changed, so want it changed back

      Comment


        #4
        a certified copy of the new (or amended) trust deed showing that everyone with a share or interest in the property agrees to the change,
        Compose a simple document stating that you both agree to revert to a joint tenancy. That's all we did when my wife and I also went back to a joint tenancy after the Inheritance Tax limits were changed.

        Don't be put off by the words "trust deed" it's not that complicated.

        Comment

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