read the document to make sure it meets your needs and that you’ve provided all of the necessary information about the property and its ownership. remember that, if you have any questions, you can ask a lawyer for advice.
declaration of trust beneficial interest checklist
make it legal™ checklist
here are a few important steps to take to finish your document
this declaration of trust beneficial interest is a special type of document called a ‘deed’. deeds must be executed (ie signed) in a certain way in order to be legally binding. to sign your declaration of trust, you should:
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print a copy of the declaration of trust for each owner and beneficiary.
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all owners and beneficiaries should sign each copy of the declaration. each signature must be witnessed. a witness should be:
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not another party to the deed (ie not one of the other owners or beneficiaries)
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independent and unconnected with the parties (eg not a family member)
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over 18 years of age, and
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of sound mind
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after watching an owner or beneficiary sign the deed, their witness should sign the deed and add their name, address, and occupation directly underneath the relevant owner’s or beneficiary’s signature.
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date the deed. enter the date that the last party signs the deed in the space provided at the top of the document.
it is usually possible for deeds to be signed electronically, but if this is done, extra care must be taken to ensure that all of the execution formalities for the particular type of deed are met. this deed is, therefore, designed to be signed by hand (ie wet-signed) to ensure that it is correctly executed (eg witnessed).
for more information, read execution of deeds.
the owners should have this deed noted on the register at the land registry to provide proof of their and the beneficiaries’ rights to the property. they can record the interests by completing either:
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land registry form tr1, completing the declaration of trust panel, or
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land registry form jo, which allows you to make a declaration of trust when time is short (eg between exchange and completion)
each owner and beneficiary should securely store their signed copy of the declaration of trust.
a copy of your declaration of trust beneficial interest will also be stored automatically in your 2022世界杯32强抽签时间 account ‘dashboard’.
if you need to provide your declaration of trust to anyone in future, it’s good practice to use copies to keep your original safe. it’s best to use certified copies, ie copies that are confirmed as true copies of the original document by a qualified person (usually a solicitor). certification can usually be provided by solicitors for a small fee. you can ask a lawyer if you’d like certified copies of your declaration of trust beneficial interest.
