Is it normal to sign land registry owner transfer papers for a house sale before the sale is confirmed ?
December 16th, 2009
Martin asked:
A relative has signed papers for land registry transfer to a prospective purchaser and sent them back to the solicitors without an agreement or confirmation of a sale. I am concerned that this might pose a risk over property rights at some point. Am I correct or worrying for no reason ?
Thanks for your answers, by the way - this applies to the United Kingdom.
Miriam
A relative has signed papers for land registry transfer to a prospective purchaser and sent them back to the solicitors without an agreement or confirmation of a sale. I am concerned that this might pose a risk over property rights at some point. Am I correct or worrying for no reason ?
Thanks for your answers, by the way - this applies to the United Kingdom.
Miriam
Lulu M
December 17, 2009
For tax purposes it seems like good idea to use an escrow service for the sellers peace of mind during the process of.
The sellers peace of land registration they usually require sale period.