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Paragraph 8 Inclusion of additional or more favourable terms for required search reports

Original text. Later amendments are not shown.

A person may prepare the search reports required by regulation 8(m)(ii), 8(n) or 8(o) on any of the following terms—

(a)

terms additional to those described in paragraphs 4, 5 and 6 of this Schedule (without excluding or limiting them); and

(b)

terms more favourable to—

(i)

the seller;

(ii)

a potential or actual buyer of the property interest; or

(iii)

a mortgage lender in respect of the property interest,

  • than those described in paragraphs 4, 5 and 6 of this Schedule.