If you are buying or selling a house now there’s a good chance you’ll be part of a chain. Do you understand what this means? Or how frustrating it can be? Let me explain. Let’s say you are a first time buyer and you come across the perfect property. You get your finance approval, succeed … Read more
What is the liability, if any, of vendors, builders, or lessors of defective premises? Let’s take a look. Contract-liability of vendor and lessor Caveat emptor is the contractual rule that prevails. Caveat emptor means “buyer beware”, therefore if you are a buyer you need to carry out your own enquiries and inspections, for neither the … Read more
Thinking about buying or selling a residential property? This step by step guide by a builder and property developer turned solicitor will help you avoid costly mistakes and ensure a sound investment I bought my first property in 1986-a mixed commercial/residential in Dublin. Since then I have bought many more-in and outside Dublin, and I … Read more
When conveyancing, solicitors nowadays will use a standard contract for sale, first introduced in 1976 by the Law Society of Ireland. The introduction of this standard contract was intended to eliminate the need for individual solicitors to draft their own contracts and sought to give a fair balance of rights between buyer and seller. The … Read more
If you are buying a property in Ireland your solicitor will have to “investigate title”. What does investigation of title mean? The purchaser’s solicitor must ascertain The nature of the title offered for sale That he can acquire good marketable title on behalf of the buyer The property to be sold is sufficiently identified in … Read more