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Client Money Protection Scheme

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Wed 18 Jan 2023

Client Money Protection Scheme

"CMP is a scheme that reimburses landlords and tenants should a letting agent misappropriate their rent, deposit or other client funds ... CMP is mandatory for every company that acts as an agency in property (including chattels auctioning) which handles client money or uses a third party to oversee client money." -Client Money Protection (CMP) Scheme ¦ Propertymark
Rules, Obligations, Disciplinary ¦ Propertymark