Text for Report on Title
ROT: Client does not want Searches carried out
- Change date
- 15/08/2023
- Word count
- 297
- Deployment measure
- 9/10
Rationale
Advice covering a situation where a client is purchasing a property, not obtaining a mortgage and does not require searches. In such circumstances it is important to set out the risks to the client of moving forward without searches. This particular wording sets out the option of indemnity insurance.
We understand that you do not feel it necessary to have searches carried out. Given that you are not obtaining a mortgage, you are of course at liberty to proceed
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