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i own a share in a title deed i would like to sell
Comments
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kyle_williams wrote: »yes i own a share of the title and would like to move on away from the family, however I would not like to sell it to them but instead sell to an investor if you are aware of any sites or companies?
They will have to agree.0 -
Titles are not issued in shares.
Is it a jointly owned company you are referring to?I am not a cat (But my friend is)0 -
Why on't you want to sell o the family members?
Finding an investor willing to buy may be tricky - they would end up with a minority share, which is not usually a very attractive position to be in. A lot depend s on how your interest is held -are you and the other family members tenants in common with a declaration of trust, are you shareholders in a company where the company owns the freehold, and if so, is it a private or a public company. What does the shareholder agreement say about selling shares?
Selling to the other joint owners is far and away the simplest option. If you are willing to sell, why does it matter to you who buys?All posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)0 -
If you are one of the registered proprietors of the property at the Land Registry then you will need the other registered proprietors to sign any transfer of your "share" to a third party. Will they agree to this?RICHARD WEBSTER
As a retired conveyancing solicitor I believe the information given in the post to be useful assuming any properties concerned are in England/Wales but I accept no liability for it.0
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