UK Act of Parliament
1970
United Kingdom
Conveyancing and Feudal Reform (Scotland) Act 1970
At a glance
What's here
7 compliance obligations
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Schedules
Browse 57 other Schedules — structural / supplementary
An obligation, however constituted, relating to the right to work...
An obligation imposed by or on behalf of the Crown...
An obligation created or imposed— (i) for naval, military or...
An obligation created or imposed in or in relation to...
Maintenance and repair.
Rights of creditor on default.
Exercise of right of redemption.
The debtor shall be personally liable to the creditor for...
Completion of buildings etc. and prohibition of alterations etc.
Observance of conditions in title, payment of duties, charges, etc., and general compliance with requirements of law relating to security subjects.
Planning notices, etc.
Insurance.
Restriction on letting.
General power of creditor to perform obligations etc. on failure of debtor and power to charge debtor.
Calling-up.
Default.
A certificate which is lodged in court by the creditor...
A certificate shall state— (i) the name and address of...
The certificate shall be signed by the creditor or his...
Section 7 (Securities for cash accounts or credits).
Section 122 (Creditors selling to count and reckon for the...
Section 123 (Disburdening of lands on sale and after consignation...
Section 124 (Prescription of form of transfer of securities).
Section 132 (Renunciation or discharge of heritable security).
Section 133 (Restriction of heritable security).
Section 138 (Use of short clauses of consent to registration)....
Section 48 (Disburdening of lands sold under heritable securities when...
Section 49 (Disburdening of lands where debtor in a heritable...
Section 6 (Power of creditor to lease security subjects for...
Section 7 (Granting of power by sheriff to lease security...
Section 4 (Assignations in security).
Section 8 (Foreclosure).
Section 9 (Completion of title of security holders and preservation...
Section 10 (Purchaser’s title indefeasible).
Section 12 (Procedure).
Section 15 (Jurisdiction of sheriff).
Section 24 (Assimilation of forms for registered leases).
Section 25 (Form of bond and disposition in security).
Sections 28 to 30 (Provisions dealing with the assignation, discharge...
Section 31 (Description of lands and deduction of title unnecessary...
Section 32 (Redemption of bond and disposition in security).
Section 5 (Instrument to be expeded where party presenting assignation...
Sections 33-39 (Provisions relating to calling up bond and disposition...
Section 42 (Mode of disburdening land sold by creditor under...
Section 6 (Translation of assignations in security and creditor’s entry...
Section 13 (Renunciations and discharges to be recorded) so far...
Section 20 (Interpretation of clauses in Schedules).
Sections 118 (Form of bond and disposition in security).
Section 119 (Explanation of clauses in Schedule (FF) No. 1—Form...
Section 121 (Validity of sale to purchaser).
In Schedule (H), in the footnote, for the words “here...
In Schedule J, in Note 2, for the words from...
In Schedule K, in Note 2, for the words from...
In Schedule I, in the note, before the words “the...
In section 10, for the words “Lord President of the...
In this Schedule, where the debtor is not the proprietor...
Maintenance and repair.
- Maintain secured property and repay costs if creditor steps in
Notice to occupier of calling-up
- Serve notice to occupier when calling up residential standard security
Notice to local authority of calling-up
- Notify local authority when serving a calling-up notice on residential property
Application by creditor to court for remedies on default.
- Creditor must follow court process and pre-action requirements for residential property repossession
Section 24(1B) proceedings: pre-action requirements
- Follow pre-action steps before applying to court to enforce a standard security
Exercise of power of sale.
- Advertise sale and achieve best price when selling repossessed property
Application of proceeds of sale.
- Apply sale proceeds in statutory order of priority
Browse 129 other sections — procedural / definitional / commencement
Variation and discharge of land obligations.
Provisions supplementary to section 1.
Allocation of feuduties.
Applications to Lands Tribunal regarding allocation of feuduties.
Provisions supplementary to sections 3 and 4.
Allocation of ground annuals.
Provisions for contracting out of sections 1 to 6 void.
The standard security.
Import of forms of, and certain clauses in, standard security.
Effect of registered or recorded standard security, and incorporation of standard conditions.
Standard security may be granted by person uninfeft.
Ranking of standard securities.
Assignation of standard security.
Restriction of standard security.
Variation of standard security.
Discharge of standard security.
Redemption of standard security.
Calling-up of standard security.
Exercise of rights of creditor on default of debtor in complying with a calling-up notice.
Notice of default.
Objections to notice of default.
Rights and duties of parties after service of notice of default to which objection is not taken, or where the notice is not set aside.
Voluntary surrender of residential property following calling-up notice or notice of default
Section 24(1B) applications: application to court by entitled residents
Entitled residents: definition
Section 24(1B) proceedings: recall of decree
Lay representation in section 24(1B) proceedings etc.
Disposition by creditor on sale.
Foreclosure.
Procedure.
Interpretation of Part II.
Saving.
Application of enactments.
Form of notice calling-up heritable security.
Amendment of s. 34 of Act of 1924.
Power of creditor in bond and disposition in security to sell to include power to sell by private bargain.
Alteration of periods during which sale of land held in security is to be advertised.
Amendment of s. 40 of Act of Act of 1924.
Amendment of s. 41 of Act of 1924.
Amendment of s. 8 of Act of 1894.
Discharge of heritable security constituted by
Restriction on effect of reduction of certain discharges of securities.
Extension of s. 13 to certain existing forms of heritable securities.
Interpretation of Part III.
Alteration of rules as to probative deeds.
Status of sasine extracts.
Effect of conditions as to pre-emption.
Abolition of requirement to specify granter’s title in certain deeds.
Abolition of forms of assignation of unrecorded conveyances, etc., and of completion of title by recording of such assignations.
Abolition of heritor’s right of pre-emption of glebe.
Amendment of Lands Tribunal Act 1949.
Application to Crown.
Saving, amendment and repeal.
Interpretation.
Short title, commencement and extent.
I, A.B. (designation), agree that the foregoing standard security granted...
Testing clause+
I, A.B. (designation), in consideration of £ (where the security...
Testing clause+
[To be endorsed on the standard security]
As above save that instead of the words “a standard...
Note 1.—Where the grantor of an assignation, discharge or deed...
Where the grantor of an assignation, discharge or deed of...
Note 2.—In an assignation, discharge or deed of restriction, (1)...
Note 3.—If the original title to a standard security has...
Note 4.—If part of the security subjects has already been...
Note 5.—The variation docket Form E of this Schedule shall...
Note 6.—Where the grantor of a variation docket does not...
+Note 7— In the case of a traditional document, subscription...
To A.B. (address)
TAKE NOTICE that on .................. (state date of repayment) C.D....
(To be signed by the debtor, or proprietor, or by...
In the case of a standard security for a non-monetary...
I, A.B., above named, hereby acknowledge receipt of the Notice...
(To be signed by the creditor, or by his agent,...
Notice of Redemption, of which the foregoing is a copy,...
(To be signed by the debtor, or proprietor, or by...
I, A.B. (designation) (solicitor) certify that consignation of the whole...
STANDARD SECURITY for £ (or a maximum of £; in...
AMOUNT CONSIGNED £, being £ of principal, £ of interest...
BANK IN WHICH CONSIGNED (specify bank or branch of bank...
Testing clause+
+Note— In the case of a traditional document, subscription of...
I, A.B. (designation) (solicitor) certify that a decree of declarator...
STANDARD SECURITY by C.D. in favour of E.F. registered in...
DECREE OF DECLARATOR by the Sheriff of .................. at .....................
Testing clause+
+Note— In the case of a traditional document, subscription of...
To the Occupier ( address )
A Notice of Calling-up of a standard security/ Default under...
If you are a tenant of A.B., in certain circumstances...
If you are the spouse or partner of A.B., the...
( delete as appropriate )
If you wish to make such an application, you should...
Dated
( Signature of C.D., or signature and designation of C.D.’s...
I, A.B., above named, hereby acknowledge receipt of the foregoing...
Dated this .................. day of ........................
(To be signed by the person on whom notice is...
Notice of (Calling-up) (Default), of which the foregoing is a...
(To be signed by the creditor, or by his agent,...
To the Occupier ( address )
C.D. ( designation ) has applied to the court under...
If you are a tenant of A.B. ( or, if...
If you are the spouse or partner of A.B., the...
Dated
( Signature of C.D., or signature and designation of C.D.’s...
Note 1.—The discharge may be separate or endorsed on the...
Note 2.—Where the grantor of the discharge is not the...
Note 3.—Where the grantor of the discharge is not the...
+Note 4— In the case of a traditional document, subscription...
Note 1 .—The security subjects shall be described sufficiently to...
Note 2.—Where the grantor has not a recorded title to...
Note 3.—Where the grantor of a standard security to be...
Note 4.—Where it is desired to vary any of the...
(As regards future variations, see section 16 of, and Form...
Note 5.—Where the security subjects are burdened by any other...
Note 6.—Where a standard security is granted in Form A...
Note 7.—In the case of a standard security for a...
+Note 8— In the case of a traditional document, subscription...
I, A.B. (designation), in consideration of £ hereby assign to...
With interest from ........................ Testing clause+
[To be endorsed on the standard security]
As above save that instead of the words “a standard...
I, A.B. (designation), in consideration of (specify consideration, if any)...
Testing clause+
I, A.B. (designation) in consideration of £ paid by C.D....
Testing clause+
[To be endorsed on the standard security]
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