The proposals will provide key information upfront when property sales collapse.
The Seanad is considering a proposal aimed at speeding up the property sales process.
Senator Aubrey McCarthy is calling for a seller’s legal pack to aid the speeding up of property sales, which is on the back of a 2021 bill first introduced by TD Marc MacSharry.
By providing key information upfront, the pack will reduce disputes linked to non-refundable costs such as surveys, legal fees and mortgage valuations when sales collapse.
Former Chief Executive of the Institute of Professional Auctioneers and Valuers from Mullingar, Pat Davitt outlines why this pack is going to have a positive impact:
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