• Form TP1 Section 12

    By Guest on 26th Oct 2019

    My wife holds our leasehold flat in sole name but now wants to transfer it into joint names. Do we need to enter anything into Section 12 along the lines that the transfer is subject to a lease dated ****?

  • 2 Answers

    By Guest on 27/10/2019

    You need to use Form TR1 not Form TP1, unless you are just intending to transfer part of the flat (which would likely be a breach of lease so check your lease carefully). Remember to serve notice on landlord and obtain any necessary LTA/DOC - follow all legal procedures carefully to avoid risk of forfeiting your lease (we advise you use a professional conveyancer).

    www.notaryexpress.co.uk

  • By Guest on 27/10/2019

    Ah. I thought as it was solely owned to jointly it was a part transfer, eg. 50% but I can see now it is 100% of the demise being transferred. That simplifies it.

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