Property is etched deep in the Irish psyche. We all buy, sell or rent or just work, live or play in properties. But recent experiences have been harrowing. Property law in Ireland has at last been overhauled with the introduction of the Property Services (Regulation) Act 2011.
The law now actively recognises the central role that property plays in all of our lives. For estate agents, their clients and the general public, all is changed. The new law brings significant benefits, especially for those who take the trouble to become aware of them – and significant risks for those who do not. The property market now operates under strict rules and is being closely monitored by the new Property Services Regulatory Authority.
The new Act:
- Lays out new guidelines and regulations for property service providers
- Establishes the Property Services Regulatory Authority to police the property market
- Provides new penalties for contravening the regulations
- Regulates property management agencies for the first time
Buying and Selling Property in Ireland examines the new landscape created by the Act, details the role and power of the Authority, and incorporates relevant case law. Clarity is in. Misleading practices are out.
This book is aimed at estate agents, auctioneers, letting agencies, property management agencies, solicitors, barristers, and all those buying or selling, renting or leasing property in Ireland today.
Pat Igoe is a solicitor in Blackrock, County Dublin, working in residential and commercial property law. A former journalist, he has written for professional law journals and newspapers on Irish property law.