Category: Property Law
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Holding closing documents and funds on trust pending completion of a property transaction
Holding closing documents and funds on trust pending completion of a property transaction It is common practice in a conveyancing transaction for the solicitors acting for the vendor and purchaser to transfer the closing documents of title and purchase funds to the other side to be held ‘on trust’ pending completion. Put simply, if I […]
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Selling your house? Use this 15 point checklist to ensure a smooth process
Are you thinking about selling your house? If so, you will want the process to be buttery smooth. This will ensure less stress and a realisation of whatever plans you have for moving on to your replacement property. The Law Society of Ireland has issued a useful checklist to give you a good indication of […]
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Problems affecting easements and rights of way solved by Land and Conveyancing Law Reform Act 2021
The Land and Conveyancing Law Reform Act 2021 has come into force from 30th November2021. This is a short but valuable act which sorts out problems which would have arisen regarding rights of way and easements as a consequence of the Land and Conveyancing Law Reform Act 2009. The Land and Conveyancing Law Reform Act […]
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Warranties and Indemnities-what you need to know
You will encounter warranties and indemnities in the vast majority of contracts you will be involved in, including for the purchase of your first home or car. The main objective of warranties and indemnities is to allocate rise between the parties, usually a vendor and purchaser. The vendor/seller will look to restrict the scope of […]
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The Help to Buy Scheme for Property Purchase in Ireland Explained
I have dealt with a large number of property buyers over the last few years who have availed of the “Help to Buy” scheme to give them a helping leg up onto the property ladder. Let’s take a look at it, shall we. Firstly, the Help to Buy (HTB) Incentive scheme is managed by the […]