Version 10 of the Handbook was published on 1 July 2014. For more information, please click "History" above.
When providing property selling services, you must:
ensure that you, or any employees through whom the work is carried out, are competent to do so, and meet any standards of competence set by the Secretary of State under section 22 of the Estate Agents Act 1979;
not seek from any buyer a pre-contract deposit in excess of any limit prescribed by the Secretary of State under section 19 of the Estate Agents Act 1979; and
if you receive from any buyer a pre-contract deposit which exceeds the prescribed limit, so much of that deposit as exceeds the prescribed limit shall be either repaid to the buyer or paid to such other person as the buyer may direct.
The requirements of rule 3 are in addition to the requirements in the SRA Code of Conduct in Chapter 1 in respect of client care.
The SRA Training Regulations, which regulate your two-year period of training to become a solicitor, changed as of 1 July 2014.
Choose this option if your training commenced on or after 1 July 2014. You will qualify under the Training Regulations 2014.
Choose this option if your training commenced before 1 July 2014. You will qualify under the Training Regulations 2011.