Who must do CDD in a property transaction with four potential service providers?
Each provider's obligation depends on its own designated service: real estate agents covers sellers and buyers, each conveyancer verifies their party only.
Each obligation depends on what designated service you are providing.
For the full answer, see When does a real estate agent need to CDD a counterparty?.
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- Can a firm rely on the buyer's conveyancer to do CDD on the purchaser?
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