Documentation that determines everything.
WHAT TO KEEP FOR EVERY PROPERTY
Title documents Survey plans Deeds and instruments Consent and registration evidence Purchase documentation and receipts Tax and charge receipts Insurance Approvals, for developed property Tenancy agreements Maintenance records
HOW LONG
Indefinitely.
WHY
Property documents are required decades later, by you or your successors.
WHERE TO KEEP ORIGINALS
Securely, where they cannot be lost or destroyed.
WHY THAT MATTERS ACUTELY
Lost originals are extremely difficult to replace.
WHAT TO KEEP SEPARATELY
Digital copies, backed up.
WHAT TO MAINTAIN
A register of every property and what documents exist.
WHAT IT SHOULD RECORD
The property What is held Where the documents are What charges recur, and when
WHY THE LAST ONE
Recurring charges are forgotten and arrears accumulate.
WHAT TO TELL SOMEONE
Where everything is.
WHY
Families are routinely unable to establish what was owned.
WHAT TO ARRANGE
A will addressing property specifically.
WHY SPECIFICALLY
Property disputes among heirs are among the most damaging and prolonged.
WHAT TO DOCUMENT
Any arrangement where property is held for someone else.
WHY
Undocumented arrangements produce litigation.
WHAT TO REVIEW ANNUALLY
The register, and that charges are current.
