Friday, 4 July 2014

How would I go about adding an additional person to an existing tenant in common deed?

Question

How would I go about adding an additional person to an existing tenant in common deed?



Answer

You will need to have all people currently on the deed sign a new deed granting a tenant in common interest to the new person.Also, if there are any mortgages on the property, you need to be aware that such a conveyance is a technical default under the mortgage.

www.atrlaw.pro



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