If you are purchasing a property with another person or persons and you have contributed more of the purchase money than the others you may wish to ensure that your larger share is reflected in the deeds.
A Deed of Trust can set out the percentage of your share in the property based on the contribution that you have made. This will ensure that your interest in the property is protected. A Deed of Trust can also be used in the event that you are holding property for the benefit of another person – for example if a property has been left to a person under the age of 18 in a will and you are the personal representative. We will draft the appropriate form of Trust Deed to ensure that the beneficiary’s interest is fully protected until the property can be transferred to him/her.
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