In this Part references to “the market” are to the residential property market in England and Wales.

A residential property is put on the market when the fact that it is or may become available for sale is, with the intention of marketing the property, first made public in England and Wales by or on behalf of the seller.

A residential property which has been put on the market is to be regarded as remaining on the market until it is taken off the market or sold.

A fact is made public when it is advertised or otherwise communicated (in whatever form and by whatever means) to the public or to a section of the public.