Text for CQS CPMS Policy
CQS Policy: Formalities of Reporting to Lenders
Purchase this policy: Dealing with Lenders Policy
- 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
…
To view the full text: