Assents Flashcards
1
Q
What is an assent?
A
A transfer of property (real or personal) by a personal representative to a beneficiary
2
Q
An assent by the PRs vests ____ title to the asset in the ________
A
legal, beneficiary
3
Q
An assent relates back to what date?
A
The date of death
4
Q
What are 3 requirements for a valid assent?
A
- In writing
- Signed by the PRs
- Name the person in whose favour it is given
5
Q
Who must be notified of the change of land ownership from the deceased to the PR/beneficiary?
A
HMLR
