Text for Report on Title
ROT: Gifted Deposits
- Change date
- 04/08/2022
- Word count
- 168
- Deployment measure
- 7/10
Rationale
Important explanation to client about various legal consequences relating to contributions by third parties.
With gifted deposits, Anti-Money Laundering (AML) laws, mortgage restrictions and the legal rights of all parties involved all come into play and need to be addressed during the conveyancing process.
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