Text for Terms & Conditions
T's & C's: Cryptocurrency
- Change date
- 06/06/2024
- Word count
- 60
- Deployment measure
- 8/10
Rationale
With cryptocurrency becoming an increasing area of risk for conveyancers and lenders alike, this draft wording covers the situation where a firm reserves the right to take certain actions, including terminating the retainer.
If our enquiries show that the source of funds derives from crypto currency (or similar) then we may be unable to adequately investigate the source of funds. In such circumstances
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