Oireachtas Joint and Select Committees
Wednesday, 25 June 2014
Joint Oireachtas Committee on Justice, Defence and Equality
The Benefits of e-Conveyancing: Discussion
12:35 pm
Mr. Patrick Dorgan:
Those transactions are analogous, in effect, to a sale or purchase and, under new regulations introduced by statutory instrument, with many transactions two solicitors are involved to get over difficulties with conflicts of interest. The process would work in the same way except there would not be a transfer of funds. For example, funds would still transfer to the PRA for registry fees and stamp duty if the transfer involved relations. The system would facilitate the payment of stamp duty.
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