Dáil debates

Wednesday, 3 July 2013

Land and Conveyancing Law Reform Bill 2013: Report and Final Stages

 

4:20 pm

Photo of Jonathan O'BrienJonathan O'Brien (Cork North Central, Sinn Fein) | Oireachtas source

I move amendment No. 12:

In page 5, between lines 20 and 21, to insert the following:

"3. Where a possession order is granted by the court to land which is the principal private residence of the mortgagor the mortgagee assumes full liability for all debts relating to the mortgage on that property and agrees not to pursue the mortgagor for any outstanding liabilities on that mortgage.".

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