Image from Google Jackets

RICS draft standards for conditions for sale

Series: Property Week ; 66(35) 1 September 2001, 19(1)Publication details: 2001Subject(s): Summary: The RICS aims to standardise the conditions of sale in auction catalogues. Paul Bagust, RICS faculty executive responsible for auctioneering, explains, ' We need the same conditions of sale across the whole auctioneering industry, and I hope that this is what will happen early next year. Conditions of sale have just evolved and auctioneers have tagged bits on, or just made bits up. They have become a bit messy'. The RICS has commissioned plain english lawyer Paul Clark to rewrite the conditions. Comment so far on the draft proposals has been favourable. Deadline for comment on the proposals is the end of September 2001.
Holdings
Item type Current library Call number Copy number Status Barcode
News article London News article WB3733-01 (Browse shelf(Opens below)) 1 Available 114454-1001

The RICS aims to standardise the conditions of sale in auction catalogues. Paul Bagust, RICS faculty executive responsible for auctioneering, explains, ' We need the same conditions of sale across the whole auctioneering industry, and I hope that this is what will happen early next year. Conditions of sale have just evolved and auctioneers have tagged bits on, or just made bits up. They have become a bit messy'. The RICS has commissioned plain english lawyer Paul Clark to rewrite the conditions. Comment so far on the draft proposals has been favourable. Deadline for comment on the proposals is the end of September 2001.