Property Terms Glossary: Memorandum of Transfer
What is a Memorandum of Transfer (MOT)? A Memorandum of Transfer (MOT) is a transfer of ownership procedure of a property for the price agreed between the buyer and seller. It is used to transfer ownership of the property from the developer to buyer, or in the case of secondary market purchases, transfer ownership of […]
09 October 2020
Digital Media
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Digital Media
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