STOP PRESS: The Contract (Formation and Remedies) (Scotland) Act 2026 (C(FR)(S)A 2026) received Royal Assent on 14 April 2026. It makes provision in relation to the formation of contracts and certain remedies for breach of contract in Scotland, including rules on offer and acceptance, notification, contractual retention, mutuality, rescission for breach and contributory negligence in breach of contract claims. At present, only C(FR)(S)A 2026, ss 15, 27, 28, 29 and 30 are in force. These cover interpretation of Part 1, the general saving provision, ancillary provision, commencement and the short title. The substantive provisions on contract formation and remedies for breach are not yet in force and will come into force on such day or days as the Scottish Ministers appoint by regulations. Missives The most common form of contract in Scottish property transactions is missives of sale, see for example, the Property Standardisation (PSG) PSG—Offers. The contract is formed by parties (or more commonly their agents) exchanging letters of offer and acceptance which together form the missives. Typically,