A friend sold some property which had beneficial ownership of a section of garden but the legal title remained with my dm.
There was a specific signed long standing legal agreement with the named friend and dm allowing use of the garden but nothing was mentioned when the property was sold.
Now the new owners are asking that the title is transferred to them as they want to build a workshop on it and that they have beneficial ownership of the land, therefore dm has no grounds to deny them building there.
Dm has offered to sell them the legal title at market value but the new neighbour has stated they aren't prepared to pay anything more than a couple of hundred for it (it has been valued in the region of £20,000 by an estate agent)
Any ideas where we stand? Has dm lost any rights to the land when it was sold? What do we do now? Or are the new neighbours being cheeky and dm can serve notice for them to quit the land?
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Legal matters
Beneficial ownership - does it transfer with property sale?
12 replies
Whojamaflip · 21/04/2013 20:17
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