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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 […]
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EU Succession Regulation clarifies inheritance of foreign properties
Since Monday (17 August 2015) the European Succession Regulation (known as “Brussels IV”) has allowed European Union residents who own properties in other member states to apply the law of their home country to their foreign property when they die. The Regulation will not apply to all EU property. Some states, including Ireland, have opted […]
