Don't forget to check out our handy CPR forms

Thursday 25 February 2016

If you've attended any of our recent Masterclasses you'll have heard Mark Hayward make reference to the importance of disclosing information that would affect the 'average consumer's' decision to buy.

This could include details on parking, building restrictions, or Japanese Knotweed for instance. The requirements to do this form part of the Consumer Protection from Unfair Trading Regulations 2008. 

To ease the pressure and make life easier for you, we've produced a series of Property Information Questionnaires which are ready to go. All that's left for you to do is complete the fields. 

We have two questionnaires for residential estate agency - one for Freehold properties and one for Leasehold properties.

For those of you that also deal in residential lettings, we haven't forgotten about you either. Click here for the questionnaire for residential lettings.

The questionnaires have been produced in partnership with Warwickshire Country Council as part of our Primary Authority Partnership with them.  However, there may be other questions you need to ask that will only be applicable in the area you operate in, such as the underground/subway or presence of mining. 

If you're an NAEA member, one of your benefits is that you can access the advice line if you have specific questions about your obligations under the Consumer Protection Regulation.  

Another big issue at the moment is Money Laundering and those of you who attended the NAEA Conference earlier in the week would have first hand from Nigel Kirby of the National Crime Agency how there can be significant penalties and other consequences for non-compliance. 

Along with our AML guidance, you can access with Identify Verification Form which should be used to fulfil due diligence requirements for low risk individuals. 

If you are unable to satisfy yourself regarding an individual’s identity, suspect any of the documents supplied are forgeries or suspect criminal activity, you must complete a Suspicious Activity Report (SAR).

You'll receive valuable updates and be able to ask questions at our many Masterclasses around the country. These are free for members and always prove a popular way of keeping up to date with all the latest legislative changes and specialist talks on a wide variety of topics.