Seller’s Property Information Form
Question: Have you had any disputes with neighbours?
Answer: Absolutely not. They hold us in the highest esteem and will be devasted, mortified, and very upset that we are moving away.
Our thanks to Michael Sahota of MS Estates for sending over the image.
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Good to see a board saying just “sold” not “STC” or “subject to contract” when contracts have been exchanged. The common practice in England and Wales, due to poorly drafted legislation in the 90s, is wrong. Trading standards have confirmed that following exchange of contracts a slip saying simply “sold” is correct and accurate. “STC” or “sold subject to contract” is misleading consumers as the property is not subject to contract anymore.
Sorry to be so boring over such an important article – ****!
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As it is Town and Country planning act that requires ‘subject to contract’, incorrectly, to be on properties that have exchanged contract can NTSLEAT arbitrarily overturn statute just like that?
If the can and have why hasn’t everyone been told?
(It isn’t being boring Richard, this is one of the few forums where the industry can discuss things. Most people pass up the opportunity altogether other would rather hit the dislike button to anything they disagree with but aren’t brave enough to debate.)
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As the selling agent I was once guest of honour at a street party held to celebrate a particularly difficult vendor moving out of the area. No one wrote on my board though.
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