Factoring Agreement

A Title Deed is a legal document outlining your obligations in terms of the title of your property and your shared responsibility for the common parts. It may explain the common parts and what proportion you must pay for any repairs or maintenance to them.

You should have been given a copy of the Title Deeds or Deed of Conditions when you purchased your property. If you do not have one, you can purchase a copy from the Registers of Scotland. They can be ordered online and will cost a few pounds. Alternatively, your solicitor should have also kept copies.

As a lone homeowner you are not able to opt out of the factoring arrangement.

If you want to consider changing your factor, or terminating our services, the process will depend on the basis of our appointment. More information on this is available within our  Written Statement of Services  (section 8). Generally, you will require a majority of homeowners to vote to remove C~urb as property factor and appoint a new property factor.

Delegated authority allows C~urb Factoring to carry out routine repairs without obtaining consent from owners in advance up to the delegated authority limit. More information on this is available within our  Written Statement of Services.

Owners are responsible for advising C~urb of any change in homeownership. We request that owners provide six weeks’ notice in advance of selling their property wherever possible. Your buyer may also request factoring information which may take a period of weeks to provide. Owners are liable for all charges incurred up to their date of sale. We will compile a final account invoice for the charges incurred up to the date of sale. We aim to provide this within 3-months of the confirmed date of sale, where possible.