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Management companies have been a feature of apartment developments for decades but until recently these companies were unregulated. In 2011 a new law changed that and introduced rules to govern owner management companies (OMCs). However, it failed to adequately distinguish between apartment blocks and traditional housing estates, leading to unnecessary confusion and difficulties which are […]
Tag Archivesconveyancing
5 tips for selling a home
According to AIB’s chief economist, house prices outside Dublin have increased around 10% in the past year. With tentative signs of stability in the housing market more people are taking advantage of comparatively reasonable house prices in some areas and trading up. Auctioneers know what sells and can advise you on how best to market […]
Family farm transfers and the phasing out of consanguinity relief
An important relief from stamp duty frequently availed of in transferring family farms is in the process of being phased out. Anyone considering a farm transfer should be aware of the rules and consider whether they affect future plans. Known as consanguinity relief, the rule halves the rate of stamp duty (from 2% to 1% […]
Water charges and house sales
Registration with Irish Water and payment of of water charges is a legal obligation for house occupants. It will also soon be a conveyancing issue for solicitors dealing with house sales. A recent law which has yet to be activated by the Minister of the Environment requires that water charges are paid before closing a […]
5 tips for buying a home
Buying a home is a key life step and a daunting undertaking – so make sure you know what is involved. Here are some practical steps that will make the process easier and the legal procedures smoother. Get your mortgage ready. Have approval in principle before viewing properties so that you can make offers. If […]
