OneillQuinn.com

We will handle all of your property transactions both residential and commercial, buying and selling, re-mortgaging. We also deal with Landlord and Tenant matters including drafting residential and commercial leases, both short term and long term; selling on a lease.

A Guide to Buying and Selling Property

1. The Purchaser bays a Booking Deposit to an Auctioneer which is refundable if contracts are not signed and exchanged.

2. The Vendor’s solicitor obtains the Title Deeds and prepares the Contracts for Sale.

3. Contracts and Copy Title Documents are sent to the Purchaser’s solicitor by the Vendor’s Solicitors who examines them and advises the purchasers.

4. Some pre-contract enquiries may be raised by the Purchaser’s Solicitor. When the Purchaser is satisfied with all matters, contracts are executed by the Purchaser and returned to the Vendor’s Solicitor with the balance of the contract deposit (usually 10% of the purchase price)

5. The Vendors then execute both contracts. The Vendor’s Solicitor returns on e contract to the Purchaser’s Solicitor.

6. The Purchaser’s Solicitor forwards a comprehensive series of questions concerning the property (known as “Objections and Requisitions on Title”) together with a draft Deed of Transfer to the Vendor’s Solicitor.

7. The Vendor’s Solicitor consults with the Vendors and replies to the Objections and Requisitions on Title and approves the draft Deed. 8. The Purchaser’s Solicitor requisitions the loan cheque from the Bank or Building Society and a meeting takes place in the offices of the Vendor’s Solicitor to close the sale.

Common Outlays incurred in the Sale of Property

Common Outlays incurred in the Purchase of Property

Property is registered either in the Registry of Deeds or the Land Registry and this will determine the fees.

Registry of Deeds Fees

Land Registry Fees

Registration fees of Deed of Transfer depends on the value of the property: