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removing form a restriction on property
mps1960
Posts: 1 Newbie
Hello everyone,this is my first post on a forum,so bear with me please.
My question is that i was in a tenants in common and now one of the joint tenants has passed away.I have transferred the property into my name,and obviously there is now a restriction in place: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.
I am the sole beneficiary and trustee of the estate as well as the executor of the will.
To remove the restriction i would just need the form RX3,and send in a copy of the will?
If the restriction is removed and i do at a later stage decide to sell the property i could do that as a sole beneficiary and would not have the need to register a second trustee?
Just another question,is it possible to have the restriction removed with just ST5 and RX3 form and a statutory declaration,or would i need other documention,apart from a will.
many thks.
I
My question is that i was in a tenants in common and now one of the joint tenants has passed away.I have transferred the property into my name,and obviously there is now a restriction in place: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.
I am the sole beneficiary and trustee of the estate as well as the executor of the will.
To remove the restriction i would just need the form RX3,and send in a copy of the will?
If the restriction is removed and i do at a later stage decide to sell the property i could do that as a sole beneficiary and would not have the need to register a second trustee?
Just another question,is it possible to have the restriction removed with just ST5 and RX3 form and a statutory declaration,or would i need other documention,apart from a will.
many thks.
I
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