Michael McGrath (Cork South Central, Fianna Fail)
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123. To ask the Minister for Finance the procedures that apply when the National Assets Management Agency or a NAMA debtor is appointing a selling agent to dispose of a particular property; if the selling agent is obliged to notify NAMA or the NAMA debtor of all offers that have been made for the property; if he will provide details of the nature of the commercial relationship, including the fee basis, that applies between the selling agent and NAMA or the NAMA debtor; and if he will make a statement on the matter. [1078/14]

Michael Noonan (Limerick City, Fine Gael)
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NAMA has published a detailed guidance note on the disposal of real estate assets by its debtors and receivers. This is available on its website at the following location . This makes clear both the commercial relationship that applies between selling agents, NAMA debtors and receivers and NAMA, in its role as a secured lender. It also addresses the other questions raised by the Deputy.