Material information is governed by National Trading Standards, and agents are now required to disclose key information in line with Parts A, B and C of CPR legislation.
Most agents use property information questionnaires, but this can result in double keying and unverified data. Copying information from websites without confirmation from the seller leaves agents exposed to liability if anything is incorrect.
To stay compliant, agents must:
- Confirm material information with the seller before marketing
- Ensure all required fields are completed accurately
- Avoid relying on partial CRM fields or outdated forms
Failing to do this can lead to fall-throughs, delays and legal penalties. Smart Compliance offers a simplified, structured solution to help agents gather and verify the right data every time.
