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Although strictly speaking this term relates to the transfer of the beneficial interest in the property, it is often used to describe the situation where someone is added to or removed from the title to a residential property and at least one original owner remains. If there is a mortgage on the property, the consent of the mortgage company will usually be required unless a new mortgage is taken out at the same time.
A summary or list of relevant title deeds proving the ownership history of a property,…
A document used to confirm that a lender agrees that their already-registered charge (mortgage) will be ranked…