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CONVEYANCING

RECORD 1418014622 TIME 524 WEEKS 3 DAYS

Conveyancing Money Service

Service provided by the Singapore Academy of Law to hold conveyancing money on behalf of the buyer and seller.

Release of money requires joint authorisation from the lawyers acting for the buyer and seller in the transaction.

CVY Account

Conveyancing account with appointed banks. These are special bank account, with additional safeguards, held by the law firm with banks appointed by the Minister of Law.

Release of the money from this account requires joint authorisation from the lawyers acting for the buyer and seller in the transaction.

For more glossary definitions, visit: http://www.mortgagesupermart.com.sg/resources/glossary.

To find out more about our products and services, visit: http://www.mortgagesupermart.com.sg


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