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Transfer of Share Certificate

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  • Transfer of Share Certificate

    Hi there,

    I've recently bought a house I have purchased a share of the freehold.

    Does anyone know how I transfer the share certificate from the vendor over to me?

    Dorian

  • #2
    Re: Transfer of Share Certificate

    This doesn't make sense.

    Is it a house or a flat?

    Did you buy a lease of this house or flat from your vendor (V)?

    The freehold presumably belonged to more than one person? V and others?

    What did your solicitor tell you about it?

    If it was a flat where the freehold title to the building belonged to no more than 4 individuals then V and the others would have to sign a transfer deed to transfer the freehold to you(U) and the others. If the freehold belonged to a company which was owned by the flat owners then you would simply get membership or a share certificate in the company. Your solicitor should have explained all this.

    Share of freehold is not a separate form of ownership. It is leasehold where the freehold is owned by some or all of the lessees of the flats in the building.

    I suppose a group of houses could have a freehold shared between several people who each owned their individual houses leasehold but I have never seen this.

    More explanation about this whole topic found at Shared Freehold Flat Conveyancing
    RICHARD WEBSTERwww.rwco.co.uk
    As a conveyancing solicitor I want to be helpful (England/Wales only) but can't accept liability for this.

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    • #3
      Re: Transfer of Share Certificate

      Hi Richard,

      Sorry, I made that more confusing than it needed be. It's a flat not a house.

      The freehold is shared between 5 people, 1 of which has now left as I bought her property.

      Beyond that I'm not sure whether it's a company I'm supposed to be getting a share of. That would make sense.

      I'll investigate further. Thank you for your help in the meantime.

      Cheers,

      Dorian

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