Text for CQS CPMS Policy
CQS Policy: Borrower is Incorporated Body (Update)
Purchase this policy: Dealing with Lenders Policy
- Change date
- 17/09/2024
- Word count
- 56
- Deployment measure
- 7/10
Rationale
Draft additional wording to the provisions dealing with lenders and borrowers who happen to be an incorporated body.
Notwithstanding our obligation as lenders lawyers to review the articles of association for all limited company borrowers, where the mortgage is to a sole director company borrower incorporating Model Articles
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