A thorough structural survey is a must particularly when purchasing a second hand property. The basis legal rule which applies when buying such a property is caveat emptor or buyer beware.
The Central Bank has recently introduced new mortgage rules or lending criteria that the banks must adhere to when granting a mortgage.
In recent years there has been an increasing number of property based taxes which can remain as a charge against a property even after it has changed hands.
The new Companies Act 2014 was enacted in December 2014. The new Companies Act will replace the current Companies Acts 1963-2013 and will be commenced at the beginning of June 2015.
The Irish tax system operates on a calendar year (1 January to the following 31 December). Different deadlines apply depending on the nature of the tax.
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