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Title transfer: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "The title transfer {{1994csa}} is carefully designed to create a true sale (hence references to redelivery of “{{csaprov|Equivalent Credit Support}}” and not just retu...") |
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The title transfer {{1994csa}} is carefully designed to create a [[true sale]] (hence references to redelivery of “{{csaprov|Equivalent Credit Support}}” and not just return of posted assets). Modifications to the CSA (even by side letter or other agreement) which allow any counterparty to retain control over the {{csaprov|Credit Support Balance}} held by the other party may prejudice the [[true sale]] analysis. | The title transfer {{1994csa}} is carefully designed to create a [[true sale]] (hence references to redelivery of “{{csaprov|Equivalent Credit Support}}” and not just return of posted assets). Modifications to the CSA (even by side letter or other agreement) which allow any counterparty to retain control over the {{csaprov|Credit Support Balance}} held by the other party may prejudice the [[true sale]] analysis. | ||
Note also the concept of [[full title guarantee]] and [[limited title guarantee]], as contemplated by the [Law of Property (Miscellaneous Provisions) Act 1994]] | |||
====See also==== | ====See also==== | ||