Text for CQS CPMS Policy
CQS Policy: Pre-Exchange Checking (update)
Purchase this policy: Stamp Duty Land Tax policy
- Change date
- 24/06/2026
- Word count
- 169
- Deployment measure
- 8/10
Rationale
Makes it clear that procedures mandate a pre-exchange reconciliation of consideration across all primary deeds and tax returns. This formal verification creates a robust audit trail of surcharge status and reliefs, insulating the firm against future HMRC inquiries.
Before the exchange of contracts, fee earners are required to perform a comprehensive reconciliation of the consideration across all primary documents, including the purchase contract, the transfer deed, and the
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