Category: Property Law

  • Vacant Possession in Property Transactions-What Does it Mean?

    It is a condition of the standard Law Society condition that vacant possession of the property in sale will be handed over on closing. General conditions 17 states: 17. Subject to any provision to the contrary in the Particulars or in the Conditions or implied by the nature of the transaction, the Purchaser shall be…

  • The Residential Tenancies (Amendment) Act 2019-Key Changes

    The Residential Tenancies (Amendment) Act 2019 has made some significant changes in respect of residential lettings/tenancies. Let’s take a look at them: Termination of tenancy-notice periods Duration of tenancy Notice period from 4th June 2019 Less than 6 months 28 days 6 months to 1 year 90 days 1 year to 2 years 120 days…

  • Attorneys of Companies Can Sign Deeds as Individuals

    Did you know that an individual can execute (sign) a deed with his signature alone but a company needs a seal to make a deed? This fact has been the basis of some technical defences put forward by individuals who are being pursued by banks for outstanding loans, in repossession proceedings, for the appointment of…

  • Vat on Property in Ireland-the Essentials

    Vat on property is something that is easy to overlook if you are buying commercial property. It may also apply to residential property, depending on the circumstances, so you need to be careful and obtain expert tax advice if there is any doubt in your mind. The current situation with regard to VAT and property…

  • “Subject to Contract”-What Does This Mean?

    “Subject to Contract” is a phrase you may come across from time to time. I encounter it most frequently in relation to the purchase and sale of property and in employment law settlement agreements. What does it mean? Let’s take a look, shall we? At its simplest it means that an agreement is being negotiated…