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EFIS 46, June 2022 : Conveyancing

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Following the general release of the new BASPI – the Buyer’s and Seller’s Property Information form earlier in the year, the form has now been added to the library and is available for immediate use.

The BASPI has been developed as a ‘single source of truth’ containing all the information required about a property when it is put on the market for sale and is designed to speed up the legal process of property sale and purchase. It is used as part of the legal process for selling a property, required by the seller’s duty to disclose known defects and the estate agent’s duty to disclose material information, and it forms part of the contract for sale.

Forms affected

BASPI Buyer and Seller's Property Information New/Amended

Crown copyright forms are reproduced with the permission of the Controller of the Stationery Office. Law Society forms are reproduced with the permission of the Law Society. Legal Aid Forms are produced with the permission of the LSC.