The deed will generally convey the subjects in two parts. These can be described in various ways, but they are often numbered (FIRST) and (SECOND) or (IN THE FIRST PLACE) and (IN THE SECOND PLACE). - The deed will quote a title number for the part which is already land-registered.
- The deed will quote a sasine reference for the part which is being transferred from the sasine register.
- The deed will always use the phrase pro-indiviso shares or pro indiviso shares.
- The shares can be described in various ways. “One half pro-indiviso share” is the most common description but you will also see other descriptions such as “one quarter pro-indiviso share”.
- You might also see pro-indiviso shares described using percentages. This is especially common when the pro-indiviso shares are for unusual amounts such as “a 2.5% pro-indiviso share” or “a forty seven per cent pro indiviso share”.
- Sometimes, the Further Information section of the application form might state that additional pro-indiviso shares are being conveyed.
- Sometimes, the Further Information section of the application form might ask us to add the additional pro-indiviso shares into the existing title number.
|