Lexsure Knowledge Hub
Makes available the latest paragraphs for you to consider including in your CQS CPMS Policy.
text for CQS CPMS Policy:
CQS Policy: Formalities of Reporting to Lenders
Change Date : 21/01/2025 | Word Count: 133 | Deployment Measure : 7/10
Rationale:
The proposed wording mandates lawyers to address all pre-completion queries before submitting the Certificate of Title (CoT) to the lender, cautioning that failure to comply may result in rejection and necessitate resubmission after resolving the queries.
Prior to submitting the Certificate of Title (CoT) to a lender, all pre-completion queries must be fully resolved. Practitioners are reminded to refer to Section 1.11b of Part 2 of
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