Colm Burke (Cork North Central, Fine Gael) | Oireachtas source

Many properties cannot be developed because of defects in title. I raised previously the idea of local authorities using their compulsory purchase order powers to rectify title. The owner of the property would engage with the local authority, the local authority would serve a compulsory purchase order and this would entitle the local authority to rectify the title and sell back to the property owner. Has there been engagement with local authorities on the use of that system? If there are less than 70 years to run on a lease, no bank will give money to develop it. This is one of the key issues arising relating to property not being developed or, in many cases, not even being kept in a proper state of repair. It is about bringing such property back into use.

See this speech in context