Law of Property Act 1925: Primary legislation that defines basic principles of property law and sets out core requirements for land transactions in England and Wales
Law of Property (Miscellaneous Provisions) Act 1989: Key legislation containing Section 2 which sets out formalities for contracts for sale of land, relevant for understanding formal requirements even in non-binding LOIs
Land Registration Act 2002: Legislation governing the registration of land and property in England and Wales, essential for proper property identification and transaction recording
Contract Law Fundamentals: Core legal principles including intention to create legal relations, consideration, and offer and acceptance that underpin all contractual agreements
Letters of Intent Case Law: Relevant precedents including Yaxley v Gotts [2000] that establish principles for when Letters of Intent may become legally binding
Consumer Protection Regulations: Regulations providing additional protections when selling property to individual consumers rather than businesses
Estate Agents Act 1979: Legislation governing the conduct of estate agents and their obligations in property transactions where agents are involved
Money Laundering Regulations 2017: Regulations requiring due diligence and verification procedures in property transactions to prevent money laundering
Data Protection Act 2018/GDPR: Legislation governing the handling and protection of personal data in property transactions and related documentation
