I live in a Victorian conversion of 2 leasehold flats and we jointly own the freehold. The other owners are selling and I have received the TR1 form to sign. I went through the form last night and found some places it was not filled in correctly according to the Land Registry guidance, so I replied highlighting this to co-freeholders and their solicitors. Their response has raised some concerns and questions for me:
Who normally fills in the TR1 form, the buyer's or the vendor's solicitor?
I am both a transferor, along with the vendor, and one of the transferrees, along with the new buyer. There is no space on the forms I've been given for the buyer to sign and I've been told that they are counterpart forms where I sign this form with the vendors and the buyer alone signs a separate form. Can this be right? It sounds very odd to me, it was not done in this way when I bought my flat nor when the current other owners bought theirs. Is there any good reason to do this or any reason I should refuse to sign in this manner?
I asked to be provided with the form when the other parties have signed it so that I can take a copy for my records. I didn't ask for this when the current owner bought their flat and I never got a copy, I ended up having to buy one from the Land registry. I have been told that this is not possible as it's not 'the way it works'. Is this true?
I asked for the details of the buyer's solicitor but they have not provided these. Is it unreasonable for me to request this information?
When I compared the current form to that which I signed when I bought get my flat, on the old one there were a lot of restrictions listed to the implied covenants under the Law of Property Act 1986, which are not now included. I tried to get advice from some local conveyancing solicitors but they all seem to only be interested in doing full conveyancing and will not offer ad hoc advice on any basis. If I post the wording of these restrictions would someone be able to tell me a) what they mean in laymans terms, b) for whose benefit they were included previously?
I am feeling like I probably do need to engage a solicitor if I can find one willing, however I do not feel like it is right that I should incur cost when I am not the one selling my flat. Does anyone have any views or advice on this?
Who normally fills in the TR1 form, the buyer's or the vendor's solicitor?
I am both a transferor, along with the vendor, and one of the transferrees, along with the new buyer. There is no space on the forms I've been given for the buyer to sign and I've been told that they are counterpart forms where I sign this form with the vendors and the buyer alone signs a separate form. Can this be right? It sounds very odd to me, it was not done in this way when I bought my flat nor when the current other owners bought theirs. Is there any good reason to do this or any reason I should refuse to sign in this manner?
I asked to be provided with the form when the other parties have signed it so that I can take a copy for my records. I didn't ask for this when the current owner bought their flat and I never got a copy, I ended up having to buy one from the Land registry. I have been told that this is not possible as it's not 'the way it works'. Is this true?
I asked for the details of the buyer's solicitor but they have not provided these. Is it unreasonable for me to request this information?
When I compared the current form to that which I signed when I bought get my flat, on the old one there were a lot of restrictions listed to the implied covenants under the Law of Property Act 1986, which are not now included. I tried to get advice from some local conveyancing solicitors but they all seem to only be interested in doing full conveyancing and will not offer ad hoc advice on any basis. If I post the wording of these restrictions would someone be able to tell me a) what they mean in laymans terms, b) for whose benefit they were included previously?
I am feeling like I probably do need to engage a solicitor if I can find one willing, however I do not feel like it is right that I should incur cost when I am not the one selling my flat. Does anyone have any views or advice on this?
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