Standard Conditions of Sale

Standard Conditions of Sate (SCS) (5th edition is currently being used) are a set of conditions published by the Law Society that apply to the sale and purchase conveyancing process. They can be varied by adding special conditions to the contract, e.g. to change the time by which completion should take place (it is 2. 00 pm under the SCS), or by passing the risk of the property to the buyer at exchange of contracts rather than the risk passing on completion.