What to do with house deeds

thereiver

You can check the boundary map on landirect ie to make sure it's correct

Deeds are legal documents that prove you own the house eg joe blogs bought it from t.kelly or from a builder .it,ll say address and folio no …

Copy the documents with your name on it color copy and keep copy in a separate place from the deeds .

coylemj

https://www.boards.ie/discussion/comment/123252807#Comment_123252807

Even if your will explicitly states that a named solicitor should handle your probate, the executor of your estate is under no obligation to give them the business.

coylemj

https://www.boards.ie/discussion/comment/123251768#Comment_123251768

There was a clause in my mortgage which stated that the property would be used as security for the mortgage and all future loans I took out with the bank. Which means that if I paid off the mortgage in 2020, left the deeds with the bank and then defaulted on a car loan I took out in 2023, the bank could technically foreclose on my house.

3DataModem

Three tips

• Don't leave them with the bank (they are not stored in any secure or persistent way, generally)
• Don't leave them with an Irish bank (the big Irish banks are not going to exist in their current form in 30-50 years)
• Don't leave them with Bank of Ireland (they have a history of mislaying deeds, at least they did when I worked there)

The consequence of losing them is that if needed the chain of ownership needs to be reconstructed. Ask anyone who has done that (usually on sale, or inheritance) and it's not fun, especially for older houses.

Another tip

• If you have a scan of all the paperwork, it makes reconstruction MUCH MUCH easier. Your solicitor won't necessarily tell you this, because a scanned image isn't really worth anything, but in the case of a reconstruction provides dates and times and signatures and copy-cheques and copy-drafts that speeds up the process considerably. So just get the phone out, combine the images into a PDF, and email that to your executor / solicitor / beneficiaries / whomever.

Eggs For Dinner

https://www.boards.ie/discussion/comment/123254260#Comment_123254260

I appreciate that but my joint executors are happy to use my solicitor when the time comes

thereiver

You should scan copy the documents back to at least the year 2000 put em in a separate location a fireproof box is a good idea put it in a place where a burglar won't find it eg not in a drawer

Houses sold before the 90s are not Registered online eg landirect did not exist websites for documents hardly existed .everything was in filing cabinets or vaults safes

Madd002

Cleared mortgage 2 yrs ago too with PTSB, they sent letter confirming mortgage was now zero and a separate form for where we would like the deeds to be sent to. Ie.solicitor name address etc. or to us then date & sign. We opted to send to our solicitor but I gave her the heads up, once received she then contacted me saying certificate of compliance was missing bank didn't have either, anyhow I checked folder we used while building house and low and behold it was filed there. Dropped them in and a few wks later she checked land folio to make sure all was correct but boundaries were way off meaning we had an extra 5 mtrs either side of us encroaching the neighbours, she said it was due to folio's online being remapped a few yrs ago and lots of people having same problem. We then had to get guy out to remark our site notify neighbours of issue and then get their folio numbers so the solicitor had to draw up and get them and us to sign back to them,and they then submitted to land registry. All in order now, but we'd never have known if we took and put in a safe.

tom1ie

So if you still have a mortgage, I presume the bank has the deeds.
If you switch mortgage the new lender gets the deeds.
If I want to look at the deeds to scan them and keep an electronic copy- in case the bank loses them or something- how do I request the deeds to do that, or can I?

Madd002

Your deeds are only available to you once mortgage has been cleared.

My deeds are about 15inches high, from site purchase and every bit of paperwork In between which makes up the deeds, it would take forever to scan, worse if there were numerous owners of a property over the yrs there'd be lots of paperwork.

Madd002

These are just a few snippets from correspondence with my solicitor, relating to your post regarding if you default on a loan etc and charge would be against your property, so just an FYI

1st snip sent from me

2nd&3rd snips replies from solicitor.

thereiver

No only scan like the last 3 pages eg jos blogs owns 54 grange road from aib bank mortgage has been paid eg 260k date

Owner your name date adress price cost bank name mortgage loan b

No eg the final documents loan paid off date 2025 owner joe blogs address date loan no

Egprevuous owner address date of sale transaction 260 k

Buyer bank your name sellers name date mortagr no price paid amount eg 260 k aub bank

EEg copy last 4 pages There a page that describes the boundary's a n all sides eg beside no 259 grange road at the rear of 12 grange avenue

Ehg you have to think I need proof mortgage paid off my name address date un case all the banks info data is deleted or lost by hacks or power surge eg in 2o years time the data will probably be erased from the banks database

When you retire or decide to sell the house and move into an apartment

TTake photos of landirect.ie pages with your house name on it your name etc

thereiver

The problem is your solicitor maybe retired in 2o years time the bank branch may be close or else deleted the data about your mortgage payments including the purchase of the house and final payments even hard drives stop working after about 6 years and data is not possible to access . Accounts mortgage payments made be not retained in 5 years time after the closure of the account the final payment of the loan .

In 2o years time you might retire and decide to sell the house .even the sellers solicitor will be retired in 20 years time .

holliehobbie

https://www.boards.ie/discussion/comment/123253368#Comment_123253368

Not all properties were in the ownership of the local authority!