Category: Property

The New Companies Act

A  new Companies Act was enacted on 23 December 2014. With nearly 1,500 sections and 17 Schedules, this is the largest piece of legislation ever enacted, and it is expected that the bulk of the legislation will become effective on 1 June 2015. This is a summary of some of the key changes that may be

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WE QUOTE

Our Firm are part of a Law Society Pilot Scheme to ensure members of the Public get more accurate quotes for legal work in encouraging the consumer client to provide more information about the transaction. Purchase of residential property Introduction and solicitor’s work Questionnaire Sale of residential property Introduction and solicitor’s work Questionnaire Will Introduction and

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Local Talks on issues affecting the Elderly

  Talk 28th May 201 @ 7 p.m.   Geraldine Conaghan apologies to all of Burt’s Women’s Group for her failure to attend the March meeting, as she was under the impression dates and time had to be confirmed.  She is happy to attend the May meeting and deal with the queries received dealing mostly

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Local Property TAX – exemptions not limited to FIRST TIME BUYERS

The Finance (Local Property Tax) Act 2012 (‘the Act’) provides that the owner on 1st November 2013 is the person liable to pay LPT for 2014 – even if that person is selling the property before the end of this year and will not own or occupy the property at any time during 2014. This

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Donegal County Council taking over estates with mechanical treatment plants

Under  Section 180 of the Planning and Development Act 2000 as amended (“Section 180”) the Local Authorities are obliged to take services in charge once they are completed.  Donegal County Council were refusing to take over Estates where there were mechanical treatment plants but are no longer allowed to do so. If the majority of

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Commonage Partitioned in Buncrana Circuit Court

Today, in Buncrana Circuit Court, on an application by Donal McGuinness BL, instructed by MacBride Conaghan, commonage was sub-divided by Judge John O Hagan in what may be one of the first cases in the County seeking Partition under the 2009 Land Act.  With Commonage issues in the news due to worries of financial corrections

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How is property valued for the new Local property tax?

There was much media hype on the publication of the Revenue’s guide to property values. However, the new Local Property Tax (LPT) is, like most other taxes, self-assessed. The Revenue does not provide individual valuations. The letters to be sent will have tax estimates but these can be replaced by the taxpayer on filing returns

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Mortgage arrears and the MARP process

The Central Bank’s  Code of Conduct on Mortgage Arrears introduced the Mortgage Arrears Resolution Process (MARP), which banks must use when dealing with distressed home loans and to address mortgage arrears. Banks are obliged to engage with the borrowers to attempt to reach sustainable solutions, but its only effect is to defer repossessions. It’s up

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Am I exempt from the new Property Tax?

The following properties are exempt from the tax: A. New and unused properties purchased from a builder or developer between 1 January 2013 and 31 October 2016 are exempt until the end of 2016. B. Properties purchased by a first time buyer between 1 January 2013 and 31 December 2013 are exempt until the end

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Protect your Rights of Way by Registration

The 2009 Land and Conveyancing Law Reform Act changed the law in respect of  unregistered rights of way, in providing that they now could be registered, but included a deadline to do so within 3 years (from December 2009) or be obliged to wait a further 12 years. Following representations by rural practitioners through the

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