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When two or more people buy a property together, what circumstances should prompt their solicitor to give detailed advice on how they will hold the beneficial interest?
How do joint tenancy and tenancy in common differ for survivorship, shares and sale proceeds?
What signs of unequal contributions, family pressure, relationship-breakdown risk or conflicting instructions should a solicitor explore with joint buyers?
When should joint buyers receive separate advice about co-ownership because their intentions diverge or one buyer may be vulnerable?
How should the buyers’ chosen ownership structure be recorded in the transfer or a declaration of trust?
When joint buyers contribute unequal deposits, what should the solicitor clarify about their shares and survivorship, and how should the chosen ownership structure be recorded before exchange?
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