When a tenant in common passes away, updating the Land Registry is an essential part of managing their estate. Tenants in common each own a distinct share of a property, which does not automatically transfer to the co-owners upon death. Instead, their share becomes part of their estate and is distributed according to their will or intestacy laws.
At Fraser Bond, we provide expert guidance to navigate this process smoothly, ensuring all legal and administrative requirements are met.
Tenants in common own separate shares of a property, which can be unequal. When one co-owner dies:
Notify the Land Registry:
Inform the Land Registry about the death of the tenant in common. You will need to provide:
Determine Ownership of the Deceased’s Share:
Obtain Probate:
Executors must apply for a Grant of Probate (if a will exists) or Letters of Administration (if no will exists) to manage the deceased’s estate.
Transfer the Share:
The executor can transfer the deceased’s share to the beneficiaries or sell the property if required.
Update the Title Deed:
Submit the updated ownership details to the Land Registry. This ensures the property title reflects the new ownership structure.
Handling the Land Registry after the death of a tenant in common can be a complex process. Fraser Bond offers tailored support to simplify the journey:
The death of a tenant in common requires careful attention to legal and administrative details, particularly when updating the Land Registry. Fraser Bond’s expertise ensures this process is handled efficiently and effectively, giving you peace of mind during a challenging time.
Contact us today for professional support with Land Registry changes and estate management.