Where a Property Register Search (PRS) identifies joint ownership, you should ensure that all registered owners have been identified and considered as part of your AML process.
Joint ownership with full name match
This result indicates that the property has multiple registered owners and that all registered owners have been successfully matched to the vendors recorded on the transaction.
Joint ownership with partial or surname match
This result indicates that the property has multiple registered owners, but one or more names have only been partially matched (for example, by surname only) or have not matched exactly.
This may be due to the use of a nickname, middle name, abbreviations, or a recent name change. You should review the details to determine whether the records relate to the same individual.