• Appointment Of New Trustee

    By Guest on 30th Oct 2014

    The property is owned by a trust. On purchase, the TR1 was signed by the two original trustees. An additional trustee is to be appointed. Does a new TR1 have to be file?

  • 2 Answers

    By Guest on 29/12/2014

    This depends on the circumstances. If this is being done in conjunction with a sale then a clause appointing the new trustee can be entered into the transfer to the buyer. Otherwise this is a registerable disposition and you will need to lodge a deed of appointment with Land Registry together with form AP1 and the relevant fee

  • By Guest on 03/11/2016

    Could you provide me with a clause for appointing an additional trustee to give a valid receipt

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