Donate SIGN UP

why does ex need unilateral notice

Avatar Image
yoyo22 | 14:48 Thu 23rd Apr 2009 | Law
4 Answers
why does my ex husband need to put a unilateral notice on the property ... there is a court order in place saying house much he is to recieve from the sale...my name is on the deeds not his...there is a sale going through but no exchange of contracts yet, will this delay the sale? should i agree to this? thanks
Gravatar

Answers

1 to 4 of 4rss feed

Best Answer

No best answer has yet been selected by yoyo22. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
A unilateral notice is entered on the land register to protect an interest claimed against the owner of the Registered Title. You have no say in it.

As long as both of you are happy to be selling and the amount owed is less than the sale value, it shouldn't delay things.

It will obviously show up when a search is done by your buyer. I don't think the amount is stated though, although I may be wrong. So make sure your Solicitor is briefed to clarify the situation with the buyer's Solicitor.
Question Author
Thank You!
yoyo

Be aware that it may freak out a buyer as it's not a very well understood concept. It's usually used by loan companies where a loan is secured against the property. So do talk to your Solicitor to make sure it doesn't come as a surprise to your buyer.
Question Author
again thank you...spoke to my sol he said he would sort it out, fingers crossed!

1 to 4 of 4rss feed

Do you know the answer?

why does ex need unilateral notice

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.