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Early termination fees

Early termination fees

by LDF Attorneys | Sep 19, 2018 | Bond, Bond cancellation costs, Costs, Early termination fee, Financial, Mortgage, Property, Property sales, Title Deeds, Transfer of ownership

Question: What is an ‘early termination fee’ Answer: When an owner is settling his bond and it is cancelled in the deeds office, the bank issues cancellation figures to the attorney. If the owner has not given the bank 3 months written notice that he...

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