• Should I Sign The TR1 If A Statement On There Isn’t True Yet?

    By Guest on 03rd Jul 2019

    I’m in the process of being brought out of our joint house by my ex.
    We have agreed a sum of money that she will pay me when she gains a new mortgage and is able to pay me a lump sum with that money added to her new mortgage.
    I have received a letter from her solicitor stating “If you are not instructing a firm of solicitors to act on your behalf then we can confirm this payment will be made to you once we are in receipt of all the required signed documentation and are able to complete this matter.”
    There is a transfer of equity information form which I have to sign and also state the amount of money I’m expecting and my bank details.
    The bit I’m confused about is there is also the land registry TR1 form that I need to sign which states “I have received from my exe for my share in the property the sum of .....(our agreed amount)”
    Should I be signing this form even though I haven’t received any money yet?

  • 2 Answers

    By Guest on 04/07/2019

    I advise instructing a conveyancer to act for you. If you are proceeding to do it yourself then, depending on your actual circumstances and the facts of the case, it should be safe to sign and send the lawyer the TR1. We ask non-represented persons to send us the transfer in advance of completion because they do not have legal representation.

    They will not be dishonest if they have promised to pay you once they are ready to complete. I would advise asking them first to "hold it to your order pending completion", in other words if they confirm that then they should return it to you on demand if the matter does not complete. Check they are a genuine law firm of course!

    www.notaryexpress.co.uk

  • By Guest on 04/07/2019

    Thank you for your answer. It helps a lot.

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