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Purchaser's information packs

By: Series: Property Law ; 63) April 2003, 4-7(4)Publication details: 2003Subject(s): Summary: Examines the Scottish Executive's Housing Improvement Task Force recommendation to introduce a Purchaser's Information Pack, which would be comparable to, but would also differ from the Home Information Pack being introduced in England and Wales. Anticipates that in Scotland the survey and the seller's obligation to provide certain information prior to a property being marketed for sale will be dealt with separately. Lists the probable contents of the pack. Sees the pack alleviating purchasers' complaints that they had insufficient information at the offer lodging stage, describes issues involved in the introduction of such a pack and the likelihood of a pilot scheme in conjunction with the Law Society in Scotland. Looks at the idea of a log book for recording work carried out on the property as part of the pack (not taken up by the Task Force).

Examines the Scottish Executive's Housing Improvement Task Force recommendation to introduce a Purchaser's Information Pack, which would be comparable to, but would also differ from the Home Information Pack being introduced in England and Wales. Anticipates that in Scotland the survey and the seller's obligation to provide certain information prior to a property being marketed for sale will be dealt with separately. Lists the probable contents of the pack. Sees the pack alleviating purchasers' complaints that they had insufficient information at the offer lodging stage, describes issues involved in the introduction of such a pack and the likelihood of a pilot scheme in conjunction with the Law Society in Scotland. Looks at the idea of a log book for recording work carried out on the property as part of the pack (not taken up by the Task Force).