KD 17 September 2020

Solvency certificate query

Hi... I am looking to transfer a solvency certificate (BAIL solvency) from a friends property to my own property. can anyone advice me the following?? 1) can one offers ones own property as Bail solvency?? 2) if yes, what are the documents required? 3) how long does it take to complete this process?

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Quick Summary

This discussion explores the possibility of transferring a solvency certificate, specifically a BAIL solvency, from one property to another. The consensus is that using one's own property as collateral for another person's solvency is not legally permissible. The thread clarifies that such a transfer is not possible under current legal frameworks.