The new Contract of Sale was formally released on REI Forms Live on the 28th February 2023 at 12:01am.
Permission to use all previous Law Society / REIT approved versions of the standard form contract will be withdrawn by the Law Society as of 28th February 2023. Transitional provisions – this will not apply to transactions in which contractual negotiations have already commenced.
For those members that were unable to attend the Property Representative Forums, your able to puchase this video that cover the Law Society's presentation on the changes.
Approved for 1 PAB CPD Point