The following Property guidance note provides comprehensive and up to date legal information covering:
The third edition of the Standard Commercial Property Conditions was published on 27 April 2017. It is an update to Standard Commercial Property Conditions (Second Edition) (the Second Edition), which was published in June 2004. It is intended to reflect the changes in law and practice in commercial property transactions that have occurred in the intervening period.
In March 2018, a minor further revision, the Standard Commercial Property Conditions (Third Edition—2018 Revision) (the Third Edition), was published. It made only one change, which was to amend the definition of ‘clearing bank’ in SCPC 1.1.1(c) following changes to the Clearing House Automated Payment System.
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