Document Type: DOCX
Number of Pages: 3
Form LRA 37 - Application for Severance of Joint Ownership is used when joint proprietors of land (owners holding land under joint tenancy) apply to the Land Registrar to sever the joint ownership. Upon severance, the proprietors cease to hold the land as joint tenants and are instead registered as tenants in common, each with a distinct undivided share.The main purposes of Form LRA 37 are:Convert ownership structure: Change land ownership from joint tenancy (where owners have equal rights and the right of survivorship) to tenancy in common (where each has a specific share that can be transferred or inherited).Protect individual rights: Ensures that each co-owner has a clear, registrable share of the property.Facilitate succession and transfer: Prevents automatic transfer by survivorship in the event of death, allowing each share to pass under succession law.Maintain accurate records: Updates the land register to reflect the new ownership arrangement.
Below is the document preview. Buy to get the document sent.
This is the end of this document preview. Buy to get the document sent.
Share this with your network: