Property
Solicitor-led conveyancing moving fully onto the Land Registry
Residential purchases are handled by solicitors, with title registered at Tailte Éireann as the older Registry of Deeds system is phased out. Stamp duty applies on the price.
Key rules
- Title is increasingly held on the compulsory Land Registry rather than the Registry of Deeds.
- Stamp duty is charged on residential property, with higher rates for bulk and non-residential purchases.
- A binding contract forms only on exchange, so pre-contract bids are not binding.
Governing law
- Land and Conveyancing Law Reform Act 2009
- Registration of Title Act 1964
In practice
Gazumping is possible because there is no binding commitment until contracts are exchanged, so buyers move quickly to contract.