Law Society of Ireland Contract for Sale 2019

The Law Society of Ireland has recently released its Contract for Sale 2019, which is a significant update to the previous version. This new contract is aimed at simplifying the process of buying and selling property in Ireland. As a copy editor with experience in SEO, I am excited to highlight some of the key features of this new contract and explain why it is important for both property buyers and sellers.

One of the most important updates to the Contract for Sale 2019 is the inclusion of a standard condition in relation to the Property Services Regulatory Authority (PSRA). This condition ensures that the buyer is aware of the importance of engaging a licensed auctioneer or estate agent when buying or selling property in Ireland. It also requires the seller to provide the buyer with a copy of the PSRA’s Consumer Guide to Buying and Selling Property.

Another important update is the inclusion of a standard condition in relation to title deeds. This condition ensures that the seller provides the buyer with all the necessary documentation relating to the property’s title. This will help to avoid any issues with the property’s title down the line.

The Contract for Sale 2019 also includes a number of new provisions aimed at simplifying the process of buying and selling property. For example, there is now a standard condition in relation to planning permission. This condition ensures that the seller provides the buyer with all the necessary documentation relating to planning permission for the property.

Overall, the Law Society of Ireland’s Contract for Sale 2019 is an important update to the previous version. It will help to simplify the process of buying and selling property in Ireland, and ensure that both buyers and sellers are aware of their rights and responsibilities. If you are buying or selling property in Ireland, it is important to familiarize yourself with this new contract.