In this Conveyancing Matters chat, Stu and Lorraine return to the on going saga of the Law Society's update of the Property Information Form (5th ed)
They talked about it a couple of months ago - but since then, things have moved on - the Law Society has told CQS firms that use of the new form is not compulsory until January 2025 and the Law Society has faced a vote of no confidence due to their handling of the issue
This is not just an updated form - it shifts the emphasis of a conveyancing transaction dramatically and many practitioners feel that it opens sellers up to an increased risk of misrepresentation
This is bound to be a topic that runs and runs!
Stu and Lorraine would welcome your thoughts - are you using the new form or avoiding it?
15 сен 2024