Hi just found your site, read a few questions already on here re severence of joint tenancy, its the wording of my letter I would like help on pls. It reads like this
I x hereby give you notice of my desire to sever as from this day the joint tenancy in equity of and in the property situate and known as x now held by me and you as joint tenants both at law and equity so that the said property shall henceforth belong to you and me in equal shares subject to the provisions of the form of agreement made 7th June 2011. (This was to say if she moves someone in the house would be sold).
Im very confused and my previous marriage, I came out with nothing, i dont want this to happen again so am reluctant to sign as this mentions equity.
There is a form to sever joint tennancy. I was asked by my ex to sign an agreement to severe the joint tennancy which I had no objection to.
What I would reccommend is that you seek the advice of someone at citizens advice as to the required form at the land registry that needs to be completed. There is a good deal of difference between a letter of agreement and a legally binding form.
If in doubt maybe apply for a hearing from the courts for Directions on the matter - I believe a hearing costs £80 but that citizens advice is free which is the best place to start unless someone else hear on wiki has the heads up to tell you what to do.
I have agreed without going to court to severe the joint tennancy with my ex but he then went on to do it in a formal way via his solicitor.