Split Phone Deed For Free

It is possible to split or subdivide the registered title of your property, however, if it is not as a result of a sale/transfer, it would be at the Registrar's discretion, and you would have to disclose your reasons for the request.

All you need to bring to your appointment are 2 pieces of ID for each person that will be on title or removed from title, and your notary will handle the rest. If the property is part of a strata, for example a condo or townhouse, relevant strata documents are also required.

Title splitting is the strategy of taking a Freehold property (normally a block of flats) and 'splitting' the units into individual leasehold properties, normally on to leases over 125 years. The idea behind this strategy is that by splitting the title, you increase the value of the property as a whole.

When property changes owner, the deed transferring the property must be registered in the Land Register of Scotland. The land register is our main register, and it captures all property transfers. It's replacing the General Register of Sasines. Land registration is a complex process that requires legal knowledge.

The cost to split title deeds includes conveyancing work completed by a solicitor. You can expect to pay between £100 ? £500 for this. The price to split title deeds also includes further fees.

As a freehold owner of a property, you can split your property's title into two or more and create leasehold titles. The application to split your property's title can be made at the land registry. There will be some conveyancing matters involved and you will need scale drawings of the intended flats.

A title transfer is required in any situation where ownership of a property is transferred to another person, including purchasing a home or adding a name to the house title ? such as adding your spouse to house title or adding a child or other family member.