All private landlords in Scotland are legally required to register with their local authority. This is so you can be checked and to make sure you are competent enough to perform the role legally and professionally.
Instead of being ‘subject to contract,’ an offer for a rental property is put into writing once it has been seriously considered. By submitting this offer, the prospective tenant has agreed to rent at a certain price. The contract between the landlord and the tenant specifically stipulates that the asking price will not alter or become ‘subject to change.’
One benefit of this law is that it avoids any opportunity for the landlord to change the asking price or accept a higher or lower offer from someone else. However, it can be fairly time consuming. Although we have highlighted a few differences, you should also look into the Scottish rental law yourself for peace of mind.
Make sure that you have adequate buildings and contents cover for your property when taking out landlord insurance in Scotland.