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Colman Coyle’s Private Client team work closely with the firm’s Residential Conveyancing team to advise clients on the issues arising from the joint ownership of land or property.
Where a property is owned by more than one person, accurately recording the beneficial interests is of crucial importance. We advise on the different options open to purchasers and can prepare appropriate declarations of trust to record the shares in the property and other details agreed between the owners.
We can offer advice in situations that often arise in property purchases, such as loans from family members or gifts from “the bank of mum and dad”, as well as tax advice in relation to gifts of property.
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