Open Market Shared Equity (OMSE) administrative procedures: 2017

Updated guidance for administering agents on the Open Market Shared Equity (OMSE) scheme's administrative procedures.


Annexe G: Settlement form

Open Market Shared Equity Scheme - settlement form

Administering Agent or subsidiary ("Administering Agent") and purchase transaction details:

Name of Administering Agent:

Full address of property purchased:

Full purchase price paid by the owner: £

The Scottish Government's contribution to the purchase price: £

Date of entry

Certification:

We hereby certify the following in relation to the above purchase transaction:

The purchase transaction settled on: (date).

The owner purchased the property with vacant possession.

The owner obtained a good and marketable title to the property in terms of the grant offer letter for the Open Market Shared Equity Scheme dated [ ].

The Standard Security in favour of the Scottish Ministers was sent to [ ] for registration in the Registers of Scotland on [ ].

Signature:

Date:

Contact

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