Results 601-620 of 2,156 for speaker:John Cummins
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: There is an inference in what Mr. Davitt is suggesting there that this is not the case.
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: No, under the legislation, if a tenant within 90 days has offered €450,000 and someone comes along to that auction and offers €451,000, there is no obligation - I questioned the Department officials on this specific point last week - to go back to the person who has offered €450,000 and ask if they can match €451,000. That is not in the draft Bill.
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: That is not how I understand it. Perhaps that is where clarity is needed. I asked the departmental officials specifically about this and they said "No" was the answer to the scenario Mr. Davitt is outlining. They said that if somebody subsequently bids €470,000, there will be no obligation to go back to the tenant and allow them to make an offer of €470,000.
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: I asked this question for that reason-----
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: My point is that if that were the case, would that reassure Mr. Davitt? It is my understanding from my engagement with the officials last week.
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: Correct.
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: Correct.
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: Would that be Mr. Deverell's understanding of it?
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: Does that reassure Mr. Davitt?
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: To go back to the very first point, is that not the case in any event, given the minimum notice period is 180 days? If the landlord wanted the property to be vacant in order to do it up, paint it and present it in the best possible way, they could not do that until at least 180 days had passed in the first instance.
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: It could be 228 days.
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: To tease things out a little bit more, I have a question for Mr. Davitt. Let us say I came into an estate agent and said I wanted to buy a property that was on the market for €350,000 and that I had mortgage approval in principle. Many people can get approval in principle; the difficulty comes with the final part. Let us say I put in a bid of €350,000 on that property and...
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: It was €350,000.
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: It is a second-hand property not a new build.
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: No.
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: Let us say I intend to pay for it through a mortgage.
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: Exactly.
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: What happens if I then encounter a difficulty? I will tell Mr. Davitt where I am going with this. Within three months, you would definitely know that the sale is going to break down.
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: Typically, you would not be waiting three months for somebody to-----
- Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (5 Dec 2023)
John Cummins: I assume they would have taken a deposit at some point.