Oireachtas Joint and Select Committees

Tuesday, 5 December 2023

Joint Oireachtas Committee on Housing, Planning and Local Government

General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion

Mr. Patrick Davitt:

That is covered by the legislation relating to Property Services Regulatory Authority, PSRA. Every bid has to be recorded. In the event of a complaint about a bid, that a bid has not been made, the person involved can make an application or a complaint to the authority, which can go to investigate those bids that are made. The agent must have a bidding slip to show that the bid is made, must show what time it was made at, the amount of the bid, and that the agent has passed on the bid to the vendor. It is up to the vendor to decide what the situation is. If it carries on outside the 90 days, the vendor will not have the choice. That is the problem that we see with this.