Designing Buildings: Created page with "[https://www.gov.scot/publications/code-of-conduct-for-property-factors-2021/ Property Factors (Scotland) Act 2011, Code of Conduct for Property Factors], Laid before the Scottis..."

2021-01-25T09:28:00Z

Created page with "[https://www.gov.scot/publications/code-of-conduct-for-property-factors-2021/ Property Factors (Scotland) Act 2011, Code of Conduct for Property Factors], Laid before the Scottis..."

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[https://www.gov.scot/publications/code-of-conduct-for-property-factors-2021/ Property Factors (Scotland) Act 2011, Code of Conduct for Property Factors], Laid before the Scottish Parliament by the Scottish Ministers under Section 14 of the Property Factors (Scotland) Act 2011 in January 2020, defines floating funds (“The Float”) as: ‘The collective term for advance payments made by homeowners kept in a maintenance account by a property factor to deal with routine or minor repairs.’

= Related articles on Designing Buildings Wiki =

* Advance payment.
* BREEAM Life cycle cost and service life planning
* Business rates and 'reasonable repair'.
* Chancel repair liability.
* Covenant to repair.
* Float.
* Homeowner.
* Maintenance Repair Operations MRO.
* Maintenance.
* Repair and maintenance contract.
* Repair.
* Restoration.

[[Category:DCN_Definition]] [[Category:Definitions]]

Floating fund - Revision history

Designing Buildings: Created page with "[https://www.gov.scot/publications/code-of-conduct-for-property-factors-2021/ Property Factors (Scotland) Act 2011, Code of Conduct for Property Factors], Laid before the Scottis..."