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Posted: Tue Mar 18, 2014 11:19 pm
by Diane.sh
'deminimis clause?' Please can someone advise me what this is?
Posted: Tue Mar 18, 2014 11:35 pm
by Michael Peoples
It relates to the equity release from your property and means that if less than £5k can be raised the property is excluded. Less than £5k is 'de minimis' or trivial and therefore ignored.
Posted: Wed Mar 19, 2014 6:48 pm
by MelanieGiles
Not to be confused with having less than £5,000 in total, which according to this forum seems to be what some IP firms are telling clients.