Deed of trust
molly22
Posts: 182 Forumite
Hope somebody can help.
I purchased a house with my sibling
I currently pay the mortgage which covers my half of the property.
We set up a deed of trust. So if anything happened to me my children wouldn't be able to eject her from the property until she chose to leave.
I have now left and wish to sell the property.
Does the deed of trust prevent me from doing that??
Thanks
I purchased a house with my sibling
I currently pay the mortgage which covers my half of the property.
We set up a deed of trust. So if anything happened to me my children wouldn't be able to eject her from the property until she chose to leave.
I have now left and wish to sell the property.
Does the deed of trust prevent me from doing that??
Thanks
0
Comments
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It depends exactly what the DOT says. Ask your solicitor.0
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The deed should have also covered exit/sale triggers.
It also may not have prevented a forced sale depending what your will said.0 -
Does your sibling wish to sell?0
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As AnotherJoe says, it depends on precisely what the deed says.
If it specifically refers only to your death and what your estate can or can't do then it probably would not prevent you forcing a sale, but it depends on the wording.
Have you spoken to your sister? Is she opposed to the house being sold?All posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)0
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