EPISODE 09

Welcome back to The Conveyance Desk.In this episode, we're looking at joint ownership and how having multiple buyers or sellers affects a property transfer.Joint Ownership BasicsA Dubai property can be owned by more than one person, with each owner holding a defined share recorded on the title deed.The key rule is simple: every owner must consent to a sale or transfer. All owners must sign or be represented by a valid Power of Attorney. One missing owner can stop the transaction.Defined Shares MatterOwnership shares are usually expressed as percentages and determine how proceeds, gifts, or inheritance rights are allocated.Always rely on what is recorded on the title deed, not verbal understandings or past assumptions.Joint SellersEvery owner listed on the title deed is part of the sale process. Overseas owners, uncooperative co-owners, or unresolved inheritance matters can create delays and should be addressed early.Deceased or Disputed OwnersIf a co-owner has passed away, inheritance procedures must be completed before the property can be sold.Where co-owners disagree about selling, the matter becomes a legal dispute rather than a conveyancing issue and may require court intervention or a negotiated solution.Joint BuyersJoint buyers should agree on ownership percentages before signing. Mortgage requirements can vary between lenders, so financing structures should be confirmed early.Spouses and CompaniesMarried couples often buy jointly, while some properties involve both individuals and companies. Company ownership adds corporate document requirements that should be prepared in advance.Key TakeawayJoint ownership is common and manageable, but it requires careful planning. Confirm ownership details early, ensure all parties can participate, and resolve inheritance or dispute issues before the transfer process begins.In the next episode, we'll cover what happens on transfer day at the trustee office.