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Query about home ownership and Inheritance tax
Comments
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Bossyboots wrote:I get it now too.
Thank you for clarifying for the OP where I was coming from in respect of how the property was held.
chazza - on the deeds it should actually say how the property is held by using the words joint tenants or tenants in common. However, on reading your first post it may be that you have held the property longer than the time in which these phrases have been used. In that case, it will say either joint beneficial owners or something else (which has completely flown out of my mind as I type this). Joint beneficial owners is the same as joint tenants now. This should be in the section called Proprietorship Register.
I check over the deeds over the weekend and i let u guys and gals know,i guess either way i be ok. Many thanks Irnbru, Bossyboots, Robert and Benood0
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