Declaration of express trust for sale by husband and wife—unequal contributions to purchase of property
Declaration of express trust for sale by husband and wife—unequal contributions to purchase of property

The following Property guidance note provides comprehensive and up to date legal information covering:

  • Declaration of express trust for sale by husband and wife—unequal contributions to purchase of property
  • Whereas
  • The Schedule

This Declaration of Trust is made on [insert date] between [insert full name of husband] of [insert address] (the Husband) and [insert full name of wife] of [insert address] (the Wife) (together referred to as the Joint Tenants).

Whereas

  1. (A)

  2. By a transfer of even date with this deed but executed before this deed and made between (1) [insert name of the seller] and (2) the Joint Tenants and in consideration of the payment by the Joint Tenants to [insert name of the seller] of the sum of £ [insert amount] the property described in the schedule (the Property) was transferred to the Joint Tenants free from incumbrances.

  3. (B)

    By a mortgage (the Mortgage) of even date with this deed but also executed before this deed the Joint Tenants charged the Property to [insert name of lender] (the Lender) to secure the payment to the Lender of the sum of £[insert amount] with interest on it at the rate and by the instalments and subject to the t