Quizzes & Puzzles0 min ago
Removing a property caution
In 2003 I was advised to put a caution on the property owned by my then partner as we were in the process of separating. He is now selling the property and has agreed to give me part of the sale.
I called the solicitor I dealt with but my case has been archived. Is there a simple way to have the caution removed without using solicitor? Can I write to his solictor to say I agree to the sale?
Many thanks
I called the solicitor I dealt with but my case has been archived. Is there a simple way to have the caution removed without using solicitor? Can I write to his solictor to say I agree to the sale?
Many thanks
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Your ex-partner's solicitor will deal with this as part of the sale process. You'll need to sign a Land Registry form (probably form RX3) to remove the caution. Chances are that the solicitor will prepare this form and insist that you sign it and give it to him/her before contracts exchange on the sale. If they do, insist that the solicitor gives you a written undertaking to pay over the money to you immediately following the sale.
You should consider getting independent advice as to whether the payment that you are expecting represents a good deal for you.
You should consider getting independent advice as to whether the payment that you are expecting represents a good deal for you.
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