Legal News (Property)

Budget 2022 was published yesterday, 12 October 2021, by Minister for Finance, Paschal Donohoe, TD. A number of measures were announced that will be of interest to all stakeholders in the Property sector including in particular first-time buyers, landlords, landowners and developers.

Do you have a Will? If so, when was the last time you reviewed it? Are you sure it’s up to date?

The Local Property Tax (LPT) was initially introduced in 2013 with the aim of providing stable local authority funding while broadening the tax base. The amount payable by property owners has ever since been calculated based on an initial valuation of their property at 1st May 2013.

The Court of Appeal has provided clarity for lenders who want to pursue well-charging proceedings as a means of enforcing security.

The Government has announced that it is to consider a new increased Stamp Duty rate of 10% for bulk purchasers of homes.

Cases dealing with construction related adjudication in Ireland have been virtually unheard of until recently.