• Welcome to the LegalBeagles Consumer and Legal Forum.
    Please Register to get the most out of the forum. Registration is free and only needs a username and email address.
    REGISTER
    Please do not post your full name, reference numbers or any identifiable details on the forum.

Tenants in common: Who pays?

Collapse
Loading...
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Tenants in common: Who pays?

    Background:
    George & his wife Beatrice purchased their council house under the Right-to-Buy scheme. Three of their adult children contributed the largest share to the purchase price, so George & Beatrice had only an 8.5% share. George & Beatrice were listed at the Land Registry as the legal owners of the property, and the exact interest shares of all contributors were listed in a Declaration of Trust. George & Beatrice made mirror wills in 2014, listing the percentage ownership of the property as detailed in the Declaration of Trust. Beatrice died in 2015 and her name was removed from the title. At the same time, the names of the three adult children were added as tenants-in-common. George died in 2016. The house was subsequently redecorated and new carpet fitted, prior to being sold.

    Question:
    Should George's estate have been held fully liable for the cost of the redecoration and re-carpeting?
    Or
    Should the cost of the redecoration and re-carpeting have been split among the tenants-in-common according to their percentage shares?
    Tags: None

  • #2
    Duplicate thread. Please stick to one thread

    Comment


    • #3
      Different fora - I'm hoping for more input to my post

      Comment

      View our Terms and Conditions

      LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.

      If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.


      If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.
      Working...
      X