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Fundamentals of Factoring (November)
Who is it for and what is it about?
This six day course, approved by The Property Institute (TPI) will give delegates the fundamental knowledge essential to providing a factoring service within Scotland.
Each unit will have a workbook, slides from the day as well as case studies, title deeds and other learning materials relevant to each unit.
Course content
The course is delivered over six units covering:
• Unit 1 – the fundamentals of property management, (an introduction to factoring in Scotland)
• Unit 2 – the fundamentals of the legal framework in a factoring operation
• Unit 3 – the fundamentals of a factor’s financial obligations
• Unit 4 - the fundamentals of building maintenance and managing repairs in common property
• Unit 5 – the fundamentals of health & safety and the legislative context as it applies to factoring in Scotland
• Unit 6 – the fundamentals of delivering a factoring service
Learning Outcomes
• Understand the history, role, and responsibilities of property factors in Scotland.
• Learn key legislation, including the Property Factors (Scotland) Act, Tenements Act, and Title Conditions Act.
• Gain knowledge of Title Deeds, Deeds of Condition, and compliance requirements.
• Understand financial duties: fees, cost apportionment, deposits, and sinking funds.
• Explore debt recovery, inspections, maintenance of common property, and proposing works.
• Learn health & safety, risk management, and fire safety relevant to factoring
• Understand legal obligations, complaint mechanisms, and day-to-day service delivery.
Course date: 04/11/25
Delivery: Remote delivery
Trainer: Ronnie McMenemy
Cost: Member £1250 / Non-Member £1930
Book your place HERE or email info@share.org.uk
