Legal Mind Needed...?
Split up with my ex. We both had an awful time with solicitors and the costs and this weekend just gone, we sat around a table and thrashed out a deal. We agreed that I would pay him a lump sum, give him some bits out of the house and use of my car until I am back on my feet (He to pay whilst using it). For this, he would sign over the house to my sole name.
We are not married and jointly own a house. He has just signed the TR1 to sign the house over to me. I handed it in to my solicitor on Monday of this week - it is essential that they send it off so that I can draw down my additional borrowing from Natwest.
My question is two fold...
1. Although he has signed the house over to me, my solicitor wants me to complete a 'deed of separation'. He says this should have been done BEFORE the TR1 is submitted otherwise my ex can come and still make a claim on the equity. How can this be? Surely if he has signed the house over, he understands that he is signing away his right to the
Answers:
..babe...((hugs )) hope you get it sorted, I've spent all morning doing this...and it SUCKS .much love xx
GOOD LUCK UNLESS YOU LIVE IN CALIFORNIA OR ANY OF THE OTHER STATES THAT RECOGNIZIE A 'JUST LIVING TOGETHER' SITUATION!
Signing over the title to property is different from signing over your equity in it. One implies the other, but they are not the same. Your solicitor is correct.
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