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| uk.legal.moderated (Legal Topics Relevant To UK Law - Moderated) (uk.legal.moderated) To enable contributors who have genuine legal problems to ask for practical advice from other people (lawyers or laymen) who have had to deal with similar problems in the past. Advertising is forbidden. |
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#1
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Please can anyone explain what is meant by a Transfer of Title in
relation to a jointly owned & jointly mortgaged property? Many thanks |
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#2
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Squeaks writes:
Please can anyone explain what is meant by a Transfer of Title in relation to a jointly owned & jointly mortgaged property? It means changing the ownership of a property. Note that the terms of the mortgage might prevent you from transfering title. There might also be tax implications. |
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#3
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On Mar 12, 9:50*am, Paul Rudin wrote:
Squeaks writes: Please can anyone explain what is meant by a Transfer of Title in relation to a jointly owned & jointly mortgaged property? It means changing the ownership of a property. Note that the terms of the mortgage might prevent you from transfering title. There might also be tax implications. Thank you. If title was transferred, would that automatically transfer the mortgage (if the terms allow to transfer the title)? |
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