Scottish Standard Clauses now in effect
Solicitors from all parts of Scotland have reached agreement on standard clauses that can be used in house sale and purchase contracts.
The first edition of the Scottish Standard Clauses is now in effect. Drafted to reflect the changes to land registration law that took place last month, it represents the culmination of a movement that began over a decade ago when groups of local solicitors around the country began to adopt agreed forms of conditions as a way of reducing time and cost in individual transactions.
Ross MacKay, convener of the Law Society of Scotland's Peoperty Law Committee, in whose name the new clauses were registered in the Books of Council & SEssion, told the Journal: "The drafting party has has representatives from Dumfries and Inverness and all points in between, and the goodwill shown throughout has produced this important document in what is arguably a remarkably short time."