Legal News (Property)

In recent articles, we have looked at the implications of Covid-19 on existing Landlord and Tenant relationships. In many cases, Landlords and Tenants have voluntarily adapted their respective positions in order to aid the survival of their businesses throughout the pandemic.

The Finance (Local Property Tax)(Amendment) Act 2021 was enacted in July of this year with the purpose of the Act being to reform Local Property Tax.

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.