From 1 February 2022 all property sellers, buyers, landlords and tenants acquire a series of new rights and responsibilities.
Although the Property Practitioners Act (“PPA”) is a complex piece of legislation and much of it will be of more interest to estate agents and conveyancers than to you as a seller or buyer, landlord or tenant, it is critical that you understand which provisions of the Act affect you on a practical level, and that you be prepared for them. To take just one example, as a property seller you will now have to disclose, in writing and with notice to the buyer, any and all defects and “deficiencies” known to you.
We highlight the main changes for you but as always with any property transaction, there is just no substitute for specific professional advice.
For more detail Read Here