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ROT: Defective Leasehold Indemnity Insurance

Change date
22/06/2022
Word count
128
Deployment measure
9/10
Rationale

CQS (CPMS) guidance notes specifically relating Section 5.16 refer to overarching requirement under 8.6 of the SRA Code for Solicitors that one needs to explain possible relevance e.g. upon saleability, mortgageability, future value. The particular paragraph refers to lender trends and the extent to which defective title is acceptable to lenders.

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