How do I know if I have a joint tenancy?

Mrs_pbradley936

How can I find out if I house I own is joint tenancy or tenants in common? I want to make a Potentially Exempt Transfer for Inheritance tax of 50% or more to my son. I do not live in the house but my son plans to live there. There is no mortgage outstanding. The place is owned by both my husband and myself.

pmlindyloo

I will tell you where I found mine.

The document is called the Official copy of the register of title.

part B Proprietorship register

3, Restriction: No disposition by a sole proprietor of the registered estate (except a trust corporation ) under which capital money arises is to be registered unless authorised by an order of the court.

This means tenants in common.

Mrs_pbradley936

pmlindyloo wrote: »

I will tell you where I found mine.

The document is called the Official copy of the register of title.

part B Proprietorship register

3, Restriction: No disposition by a sole proprietor of the registered estate (except a trust corporation ) under which capital money arises is to be registered unless authorised by an order of the court.

This means tenants in common.

Thanks. That is what mine says too and there was I thinking that the Land Registry would put Joint Tenancy or Tenants in Common on the form. Silly me!

Land_Registry

People often think that a joint ownership restriction (a form A restriction as it is known) in their Proprietorship register means that they hold it as tenants in common. That is though not always the case as the same restriction can be registered for other reasons for example we have to enter this restriction when we register joint owners but it is not clear what type of joint ownership they have

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