Law of Property Act 1925: Primary legislation governing property transactions in England and Wales, including requirements for written documents, signatures, and legal estates and interests in land
Financial Services and Markets Act 2000: Regulates financial services including escrow services, setting requirements for authorized persons/entities and financial service providers
Money Laundering Regulations 2017: Sets out due diligence requirements, record-keeping obligations, and reporting requirements for financial transactions and escrow services
Trustee Act 2000: Governs duties and responsibilities of trustees, including escrow agents, covering investment powers and delegation of duties
Common Law - Contract Principles: Fundamental principles covering contract formation, consideration, capacity to contract, and terms and conditions
Common Law - Trust Principles: Legal principles governing fiduciary duties, trustee obligations, and beneficial ownership in trust relationships
Data Protection Act 2018 and UK GDPR: Legislation governing the handling of personal data and privacy requirements in business transactions
Electronic Communications Act 2000: Legislation governing the use and validity of electronic signatures in legal documents
Consumer Rights Act 2015: Protects consumer interests in business transactions when one party is acting as a consumer rather than a business
FCA Regulations: Financial Conduct Authority regulations governing regulated activities, including certain types of escrow services
