Material Information Requirements for Sellers

This Material Information Requirements for Sellers examines the responsibilities of sellers  to provide "Material Information" in property sales listings .

Material information is defined as “information which the average consumer needs, according to the context, to take an informed transactional decision.” Essentially, it includes any details (positive and negative), that might impact a consumers choice to buy a property. 

The Consumer Protection from Unfair Trading Regulations 2008 (CPRs) set the standards that Estate Agents must meet to ensure transparency and fairness in their dealings with potential buyers. These Regulations are designed to protect consumers from deceptive practices and ensure they receive all necessary information to make well-informed decisions. 

This document looks at the Material Information and the Consumer Protection from Unfair Trading Regulations 2008 and the information required by agents from sellers to help comply with the Regulations.  This information sheer should be sent to potential clients from the outset of instruction to help them understand their legal obligations relating to Material Information. 

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