This course aligns to Property Law England.
When preparing and carrying out a market appraisal, there are many legal obligations that you need to understand to be able to offer professional advice to any Landlord or Vendor and act in their best interests.
This module will help you develop your knowledge and understanding of the specific areas of legislation and legal terminology, which are commonly applied in the course of providing a market appraisal and the listing of a residential property. This includes the factors that affect the market value of the property and the implications of non-conformance to the law in both the sales and rental markets.
The more professional and knowledgeable you are, the more confident you will be in your service and fee levels.
This course works as a follow-up to the core Able Agent modules but can also be studied as a stand-alone course as long as there is already a reasonable level of general legal knowledge.
The Digital Markets, Competition and Consumers (DMCC) Act 2024 has taken over from the Consumer Protection Regulations. These are laws that apply to both estate and lettings agents. This section is an overview of the laws as they apply to agents and therefore listers/valuers. Y=We have continued to refer to both the DMCC and the CPRs for ease of understanding.
This section covers advising clients and refers to the Consumer Protection Regulations (CPRs) and also the Estate agents Act. Whilst the estate agents act doesn't apply to lettings, most elements are also covered by the CPR's and therefore represent good practice.
Understanding the law that applies to contracts or terms of business, whether with seller or landlords is key to advising customers effectively and legally.
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