Residential and Commercial Conveyancing
Conveyancing is the process of legally transferring the ownership of a property from the seller to the buyer. This process begins when an offer on a property is accepted and is completed when the buyer receives the keys.
Many people associate buying or selling a property with complications, delays and stress; however, the assistance of an experienced, dedicated team of conveyancing solicitors can help make the process a smooth one.
We advise clients on all aspects on conveyancing, including:
- Sale and purchase of residential, commercial and investment properties
- Property development including shopping centres, office blocks, industrial estates, residential developments, hotel and leisure developments
- Financing arrangements
- Property investment and joint ventures
- Devising co-ownership structures
- Tax based property transactions
- Commercial leasing and related landlord and tenant matters
- Private residential tenancies
How we can help
With over 70 years of experience, M.M. Halley & Son has represented thousands of individuals in residential and commercial property sales and purchases. We have acted on behalf of private clients in Waterford as well as property companies, builders and developers across South East Ireland.
We combine the expertise of our legal team with the attentive, approachable and efficient service unique to a family-run firm. We keep you regularly updated with the progress of your transaction and provide a dedicated point of contact throughout. If a sticking point should arise, we act swiftly and decisively to secure a favourable resolution.
Give us a call…
Do you have a commercial or residential conveyancing project in Waterford, Wexford, Tipperary, or Kilkenny you’d like to discuss? Please call our conveyancing specialists Liz Dowling, Richard Halley, Frank Halley & Fiona Ormond on 051 874073, or email: info@mmhalley.com.
FAQs for Residential and Commercial Conveyancing
What is conveyancing?
Conveyancing is the legal process of transferring property ownership from one person to another. It involves various steps, including legal checks, drafting and exchanging contracts, and handling the transfer of funds.
What’s the difference between residential and commercial conveyancing?
Residential conveyancing deals with the buying and selling of homes, whereas commercial conveyancing relates to transactions involving business properties, such as offices, shops, or industrial units. Commercial conveyancing typically involves more complex legal issues.
The conveyancing process in Ireland typically takes between 8 to 12 weeks for residential properties. For commercial properties, it can take longer due to the complexity and scale of the transactions.
What are the key stages in the conveyancing process?
Key stages include initial instructions and advice, conducting property searches, examining title deeds, drafting and exchanging contracts, and completing the transaction with the transfer of funds and property.
Do I need a solicitor for conveyancing in Ireland?
While not legally required, it’s highly advisable to use a solicitor for conveyancing in Ireland. A solicitor ensures that all legal aspects are correctly handled and can provide valuable advice throughout the process.
What are property searches and why are they im
Property searches are inquiries made to various authorities to uncover any issues that might affect the property, such as planning permissions, road schemes, or environmental concerns. They are crucial for informed decision-making.
Stamp duty is a tax paid on property transactions. In Ireland, the rate of stamp duty varies depending on the property type (residential or commercial) and the purchase price. Your solicitor can advise on the current rates and calculations.
When buying commercial property, consider factors like location, planning permissions, existing leases, property condition, and potential for future development. Legal and financial advice is essential due to the complexity of these transactions.
After contracts are exchanged, pulling out of a property transaction can have serious legal and financial consequences. It’s important to be certain before exchanging contracts.
Freehold means you own the property and the land it stands on outright. Leasehold means you own the property for a set period but not the land it stands on. This distinction is particularly important in commercial conveyancing.
Property boundaries are determined based on title deeds and land registry maps. Disputes over boundaries can be complex and may require legal resolution.
On the day of completion, the balance of the purchase price is transferred to the seller’s solicitor, and the buyer receives the keys and legal rights to the property. The property ownership is then registered with the Land Registry.
For specific legal issues or detailed guidance, consulting with a qualified solicitor or legal expert in conveyancing is recommended. Get in touch with a member of our team or email us at info@mmhalley.com today if you require help or advice with a Residential or Commercial Conveyancing matter.
