When was the property Misdescriptions Act repealed?

1 October 2013
The Property Misdescriptions Act 1991 (PMA) was repealed on 1 October 2013 by the Property Misdescriptions Act 1991 (Repeal) Order 2013. Governance has passed to the more generalised Consumer Protection from Unfair Trading Regulations 2008 (CPR).

Does the property Misdescriptions Act still apply?

In 2014 The Properties Misdescriptions Act was repealed and replaced with the Consumer Protection from Unfair Trading Regulations, otherwise known as CPRs. defined widely and is not simply a consumer’s decision to use a business’s services or not, or to buy a property or not.

Why was the property Misdescriptions Act 1991 repealed in October 2013?

The Property Misdescriptions Act 1991 (Repeal) Order 2013 will repeal this legislation as from 1 October 2013. The reason for this is part of the current government’s drive to reduce duplication and excess regulation although, in truth, this repeal was being discussed well before the last election.

What replaced PMA?

Following a consultation process, the Government announced that the PMA will be repealed; instead, the CPRs will be relied on to protect both property sellers and buyers. Conversely, the CPRs are relatively new legislation and provide a more general protection which will be extended to property.

What is the Business Protection from Misleading Marketing Regulations 2008?

The Business Protection from Misleading Marketing Regulations 2008 (BPRs) prohibit misleading business-to-business advertising and impose further restrictions on how businesses compare their products to rival products from other companies.

What does CPR stand for in estate agency?

Failing to act in accordance with reasonable expectations of acceptable trading practice (CPR) An estate agent must show ‘professional diligence’ in its dealings with consumers, i.e. it must act in accordance with honest market practice or in good faith.

How does the Consumer Protection from Unfair Trading Regulations 2008 affect businesses?

They impose a general prohibition on traders in all sectors from engaging in unfair commercial practices with consumers. Specifically, they protect consumers from unfair or misleading trading practices and ban misleading omissions and aggressive sales tactics.

What is PMA in real estate?

PMA stands for Property Management Authorization.