Law Society produces property practice notes
The Law Society has this month produced two practice notes dealing with property related matters – the Contaminated Land Practice note which outlines the environmental liabilities that may arise when dealing with property transactions that involve contaminated land and the Flood Risk Practice Note which contains advice on flood searches and other means of investigation in the light of the growing risk for British property from Flooding.
The Contaminated Land Practice Note which looks at the legislation contained in Part 2A of the Environmental Protection Act 1990 and the regulations and statutory guidance issued under it can be found at www.lawsociety.org.uk/support-services/advice/practice-notes/contaminated-land/.
The Flood Risk Practice Note looks at the types of flooding to which properties may be subject, the things to bear in mind when acting for a buyer, tenant or lender and at the various searches, enquiries, inspections and valuations that should be undertaken. The practice note can be found at www.lawsociety.org.uk/support-services/advice/practice-notes/flood-risk/