Revised Code of Conduct for registered property factors
The Property Factors (Scotland) Act 2011 (the Act), requires Scottish Government Ministers to prepare a Code of Conduct setting out minimum standards of practice for registered property factors and related amendments to the Act. The current Code of Conduct came into force on 1 October 2012 and applies to all registered property factors as defined by section 2 of the Act.
The Act requires that Scottish Ministers must from 'time to time' prepare a draft Code which should be published and then consulted upon. The Scottish Government’s recent consultation seeking views on a draft revised Code for registered property factors opened October 17 and closed January 18.
The Scottish Government is currently considering representations made during the consultation period.
Find out more about the Scottish Government consultation process on a revised Code of Conduct for registered property factors.
View the Scottish Government’s website
lpm and the Scottish Government
lpm actively engage with the Scottish Government and other relevant agencies on property law and matters relating to heritable property in Scotland and provide clients with information on legislative change and issues of concern or interest within the property management and factoring sector.
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