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The latest paragraphs for you to consider including in your Report on Title.

Text for Report on Title

ROT: Declaration of Trust - Gifted Deposit

Change date
18/07/2024
Word count
323
Deployment measure
9/10
Rationale

Deals with the fairly common situation of gifted deposits and a declaration of trust. This is one of a number of examples in the Lexsure knowledge hub addressing this area and requires further instructions and clarification from the client.

You have confirmed to me that since Mr [ ___ ] (dad/mum/grandparent etc ) is providing a gifted deposit, you would like for these monies to be protected by way …

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