Declaration of Trust
A declaration of trust is used when more than one person is involved in buying or investing in a property.
The purpose of the deed is to clearly set out the contributions and responsibilities of all parties involved in the transaction. A declaration of trust allows you to protect your investment in a property and should help to reduce any likelihood of a dispute.
A declaration of trust can also cover other contributions, not just your initial investment in a property. It can include things such as finances, bills, upkeep and any changes in the value of the property.
Our experienced conveyancing team are on hand to discuss this further with you and will provide clear and concise advice as to the options for this process based on your individual circumstances.
For more information, our Declaration of Trust FAQs may be helpful for you.