Lost title deeds

jarvis

Here's an odd one.

House was sold and signed for by new owners. The solicitors sent the title deeds to their solicitors by courier and...... The courier Handed them to someone outside the building. This person is a randomer who nobody can now identify.

So they're 'lost'. But the new owners had previously signed. Should the deeds not have been on the checklist when the signing was happening? There's a big cheque that is with out solicitor now but they can't hand it over until the deeds issue is fixed but want to know can the new owners move in, in a caretaker capacity!!!!

Is this plausible to anyone? Sounds very strange to me.

Pat Mustard

It sounds like what happened here is that the contract for sale had been signed by both parties.

Therefore, in order for the sale to close, the purchasers' solicitor would arrange for money to be transferred and the vendors' solicitor would arrange for closing documents (to include deeds) to be delivered. The purchasers' solicitor would then hold the closing documents in trust, and the vendors' solicitor would hold the money in trust, pending completion of the sale.

It sounds like the closing documents went missing before the sale could complete.

The purchasers would not have been able to sign any deed if closing documents had not been delivered to their solicitor.

I don't know why a courier would hand over a packet to a stranger outside a building rather than make his delivery properly but closing documents have been delivered to the wrong place by couriers before.

jarvis

Pat Mustard wrote: »

It sounds like what happened here is that the contract for sale had been signed by both parties.

Therefore, in order for the sale to close, the purchasers' solicitor would arrange for money to be transferred and the vendors' solicitor would arrange for closing documents (to include deeds) to be delivered. The purchasers' solicitor would then hold the closing documents in trust, and the vendors' solicitor would hold the money in trust, pending completion of the sale.

It sounds like the deeds went missing before the sale could complete.

I don't know why a courier would hand over a packet to a stranger outside a building rather than make his delivery properly but closing documents have been delivered to the wrong place by couriers before.

So it is possible.

Yeah that's sounds like what's happened and I trust it'll be sorted. This is my mother in law who's selling. It's just anything I read on Google says dont let the person move in until the transaction is final and complete!!!