TRANSFER DOCUMENT

Mortgage Knowledge Base
Categories

The TR1 form, also known as the Transfer Deed, is a legal document that is used to transfer ownership of a property from one person or entity to another. It is typically used in the United Kingdom when a property is being sold or transferred, and must be completed and signed by both the seller and the buyer.

The TR1 form includes information about the property being transferred, including the address, the legal description, and the names of the current and past owners. It also includes information about the terms of the transfer, such as the purchase price and any conditions that must be met in order for the transfer to be completed.

The TR1 form is an important legal document that must be completed and submitted to the Land Registry in order to register the transfer of ownership and to update the public record of ownership for the property.

Book a Free, Personalized Demo

Discover how SimpliCloud can transform your business with a one-on-one demo with one of our team members tailored to your needs.