New South Wales Consolidated Regulations

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REAL PROPERTY REGULATION 2014 - REG 6

Joint tenancy or tenancy in common to be stated

6 Joint tenancy or tenancy in common to be stated

(1) The following applications and dealings must state whether the persons concerned take as joint tenants or as tenants in common and, if they take as tenants in common, the shares in which they take:
(a) an application by 2 or more persons to be registered as proprietors of land,
(b) a transfer, mortgage, charge or lease in favour of 2 or more persons.
(2) If the persons take as tenants in common, and if the shares in which they take are expressed as fractions, the shares must be stated by means of fractions having a common denominator and each numerator or denominator of the fraction must be an integer (for example: "A takes as to five-tenths, B takes as to three-tenths and C takes as to two-tenths").



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