Oireachtas Joint and Select Committees
Tuesday, 2 July 2024
Joint Oireachtas Committee on Justice, Defence and Equality
Seller’s Legal Pack for Property Buyers Bill 2021: Discussion
4:00 pm
Mr. Mark Garrett:
We all share the same frustrations and they are coming out today. The point here, as I understand the Bill, is that the pack will be provided to three or four people bidding on a property and they will want to investigate it. If there is a surveyor's report or any other certification in it, will they take the risk on the pack or will they want it investigated? I believe they will want it investigated. I do not believe any of our members would advise a client otherwise than to look into it. That will, as it does in an auction situation, introduce three or four other solicitors or other parties into the process and that is inevitably going to involve costs. There is more work in this for more solicitors, in fact, which is counterintuitive. The point is that solicitors are very frustrated with the system as it is and want to see significant reform.