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Buying house where family have LPA
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Keep_pedalling said:greatcrested said:GN2020 said:greatcrested said:I'm surprised the POA has to be registered - my recollection from my own parents was that we could manage their affairs without registering it - but I'm not a lawyer!More oncerning is the poor health. If the owner should die, the POA will immediateky lapse and it will be the Executers of the Estate(if there is a will) who would take over. May be the same people but the process is different and Probate would need to be granted before the sale could go ahead.I was told there are some circumstances where it doesn’t need to be registered straight away but for a property sale, it has to be.Nothing is ever straight forward is it! 🙄
I’ve heard some horror stories about probate taking months and months!Just have to see where things are up to in the new year and go from there really.
Where you stated:
It should it be registered from day one, do you mean when you have received it from OPG, you have to contact them again on the first day, to activate the LPA?
Thank you0 -
JJWSJS8700 said:Keep_pedalling said:greatcrested said:GN2020 said:greatcrested said:I'm surprised the POA has to be registered - my recollection from my own parents was that we could manage their affairs without registering it - but I'm not a lawyer!More oncerning is the poor health. If the owner should die, the POA will immediateky lapse and it will be the Executers of the Estate(if there is a will) who would take over. May be the same people but the process is different and Probate would need to be granted before the sale could go ahead.I was told there are some circumstances where it doesn’t need to be registered straight away but for a property sale, it has to be.Nothing is ever straight forward is it! 🙄
I’ve heard some horror stories about probate taking months and months!Just have to see where things are up to in the new year and go from there really.
Where you stated:
It should it be registered from day one, do you mean when you have received it from OPG, you have to contact them again on the first day, to activate the LPA?
Thank you1
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