TRANSFER ON PEXA WHERE IT WILL BE TENATS IN COMMON IN UNEQUAL SHARES
I have a Transfer where there is 3 purchasers. They are purchasing as Tenants In Common in unequal shares. How do I note this on the Transfer on PEXA. At this stage the Transfer is showing they will each have a one third share. But 1 purchaser is going to have a bigger share then the other 2 purchasers.
Re: TRANSFER ON PEXA WHERE IT WILL BE TENATS IN COMMON IN UNEQUAL SHARES
Hi Jac, if you go in and edit your Transfer and scroll down to "Tenancy Details" then you can edit shares next to the Transferee's names. You can change the shares from 1/3 to whatever share is required, e.g. 40/100, 20/100, 70/100 etc