Law Society release new TA7 and TA13
9th January 2023
To let you know that the Law Society is launching revised versions of the TA7 Leasehold information form and TA13 Completion information and undertakings forms.
The TA7 Leasehold information form (3rd edition) (2023) includes:
- a new section on building safety to enable compliance with the Building Safety Act 2022 including questions about: remediation works; whether the lease is a qualifying lease; the Leaseholder Deed of Certificate and the Landlord’s Certificate.
- a question asking if the seller knows about defects that create a building safety risk.
- new questions about the ownership and management of the building.
- fields to capture details of the seller if they are a company.
- updated definitions and other process improvements.
The TA13 Completion information and undertakings (4th edition) (2023) includes provisions for:
- arrangements to be made for the seller to hand over not just the keys, but also any equivalent electronic devices, passcodes and alarm codes.
- confirming that a copy of the executed transfer is attached or will be supplied before completion.
- a client firm’s reference to be included with the bank details.
These revised versions may be used from 9th January 2023 but will carry an official ‘use’ date of 14th February 2023.
