GLOSSARY

PRIORITY SEARCH
mortgage Scrabble tiles
mortgage Scrabble tiles

In addition to the Bankruptcy search, this search is also conducted prior to exchange and is done against the property itself.

The search checks for any recent changes or pending applications on the land register since the last official copy was issued.

Once processed the search grants a 30-business-day priority window during which the register is effectively frozen.

During this period no third-party claims, debts, or competing sales can take legal precedence before the buyer's final registration application is submitted.

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