What is fascinating about this legislation, which has just been voted through in Scottish Parliament, is how balanced and thoughtful this is.
Dumb measures like long contracts, minimal property standards and other 'interfering' and unenforceable measures were debated and rejected. What is left is surprisingly simple and a clear improvement on the status quo.
The details of authorisation as a process will need to be ironed out.
And a bonus for the public purse in Scotland with the abolition of Right to Buy, which was robbing the public of affordable homes.
Well done Scotland. Is this a sign of things to come in the rest of the United Kingdom of Great Britain and Northern Ireland?
Read more at Property Industry Eye, which broke the story first: http://www.propertyindustryeye.com/regulation-letting-agents-implemented-scotland/