What is a shared title deed and what happens on a sale?

A property being owned in shares by more than one person.

The deed records not the whole property but a given share in your name. For example a 1/4 share of a plot. Which physical part belongs to whom is not written on the deed; the co-owners agree that among themselves.

It is the deed type that causes the most trouble in a sale: the other co-owners have a right of pre-emption and a loan is usually not possible. When buying a share, always find out how many co-owners there are and what they have agreed.

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