New Build Standard Clauses revised
Following extensive consultation, the Scottish New Build Standard Clauses (2015 edition), negotiated between Alan Minty of Gillespie Macandrew and Ross MacKay, convener of the Society’s Property Law Committee, have now been registered in the Books of Council & Session. These can be used to assist in transactions where the seller is a builder selling a new-build property, to assist both sellers and purchasers in negotiations.
To reflect commercial requirements, they are necessarily weighted in favour of the builder, but, notwithstanding this, they are intended to reflect an appropriately balanced position which will hopefully facilitate those selling on behalf of, or buying from, a builder. A client guide and practitioners’ guide will follow in due course.
The clauses can be downloaded from the Society’s website via the professional practice updates for June 2015.
In this issue
- Weighing the risks
- Private parking fines – are they enforceable?
- Scotland – home of (dangerous) golf
- Shareholder details: the right to refuse
- Perils of the owner-occupied croft (fuller version)
- Reading for pleasure
- Opinion: Thomas Ross
- Book reviews
- Profile
- President's column
- Land Register completion: one year in
- People on the move
- Rights: whose final say?
- The word on the street
- Screen test
- Making the best of mediation
- Keep up the payments
- The right priorities
- When reputation is not enough…
- Sports justice – being seen to be done?
- Source of disputes
- CML Handbook: the new deal
- Perils of the owner-occupied croft
- In-house and in-tune in the Commonwealth
- Stair Society seeks new blood
- New Build Standard Clauses revised
- Law reform roundup
- Leven's last hole rarely in benevolent mood
- Year of the new look
- AML just became simpler
- "My time is valuable!" Oh really?
- Learning opportunity
- Ask Ash
- Technology: slave or master?
Additional
