A Declaration of Trust can be an important procedure for many who are buying a property jointly with another individual. A Declaration of Trust is a document that legally binds the joint owners’ financial interests.
The process is used when there is more than one person involved in purchasing a property or has invested in a property. The deed will clearly set out the responsibilities and contributions of each individual in relation to the transaction. The documentation can include initial contributions as well as any ongoing costs
Our experienced team will draft the Declaration of Trust and register the Trust at the Land Registry if required. Our team will ensure that your interest is protected and ensure all vital points are covered to prevent any potential conflicts in the future. Our team has prepared a vast number of Declarations of Trust in a range of different circumstances.
If you need help from our residential conveyancing solicitors, please do not hesitate to contact our office on 0116 247 0022 should you require a quote or any further information. Or complete our enquiry form and we will call you back by the end of the next working day.