Short Description:
The shares and capacity being held by the parties in relation to the premises affected, e.g. joint tenants, tenants-in-common in equal shares etc.
Quick Tips:
- For instrument registered on the ownership side, the capacity of the Assignees must be entered into the memorial.
- If the capacity is stated in the memorial, it must be identical to the one stated in the instrument.
- If the capacity of the Assignees is tenants-in-common, the share of the Assignees e.g. 1/3 & 2/3 should also be stated in the memorial.