News 4
Q&As
A Landlord owns a property, according to the official copy from HM Land Registry (OCE), as joint tenants (ie A and B). The landlord then enters in to a tenancy agreement, but put their name as being A and B, as trustees for X trust. Would a section 21 notice, and later a claim form for possession, be valid if it was done in the name of A and B solely, with no mention of the trust?
In England and Wales property in multiple ownership is held in two manners. The legal proprietors of the property are those in whose name title is held; if the property is registered their names will be entered upon the proprietorship register. The legal owners hold the property on trust for the beneficial owners. The beneficial owners may and often will be the same as the legal owners, but do not have to be. Joint legal owners hold the legal title as joint tenants. The beneficial interest can be held either as equitable joint tenants or as tenants in common,
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Practice notes 1
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