Property Ownership Disputes
TOLATA Claims
TOLATA claims arise when there is a dispute over who owns a property, or who should be able to live in a property. Whether you are on the deeds of the property or not, you may have a claim to pursue.
The majority of claims happen when romantic partners split up and one believes that they should have a share of the property. However, claims can also arise when family members fall out over a property. If you’re in a property dispute, NewBold can help you figure out your next steps.
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At NewBold we believe in trying to settle TOLATA claims out of court whenever possible. When Solicitors are asked to help resolve an issue between ex-partners and family members they sometimes go in guns blazing, but this may not be the most appropriate way of initially resolving the issue.
NewBold will:
- Write to the opponent, explaining your claim and why it is in everyone’s interest to resolve the matter at an early stage.
- Suggest mediation.
- If there is no fair and reasonable response, we will robustly claim and/or defend your position at court.
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TOLATA in a nutshell?
This will often result in the parties arguing over who should get what share of the property. This will depend on many factors, such as who has paid the deposit, who has paid the mortgage payments, and who has paid for any improvements in the property.
Usually when the property is first purchased your conveyancing solicitor will advise you on how the property can be held (e.g. joint tenants or tenants in common). The solicitor will also discuss with you whether the share in the property should be on a 50/50% basis, or whether one party should have more than 50%; they will also consider whether an agreement should be set up between the parties buying the property (a declaration of trust). If this did not happen, then there may be a claim against your conveyancer for negligence.
It does not only apply to unmarried couples, but it can also apply to other family members, business owners, anyone who buys a property with another person and now one wishes to sell the property and a dispute arises over the agreed share.
How can the NewBold Property Dispute Resolution Team Help?
- We can discuss how to protect your interest before you purchase a property with another person
- We will let you know what percentage share you are likely to obtain if there is a dispute
- We can let you know the best solution to resolve the situation
- We can decide if there is a negligence claim against a conveyancing firm