McGrath Mullan | Property Solicitors Dublin| McGrath Mullan Solicitors

When you are buying or selling a property, you want a quick responsive conveyancing service, without compromising on quality – our property solicitors team will ensure the highest standard investigation of title combined with speed and efficiency. Our price structure is fair and represents excellent value.

Contact Julie Mullan
jmullan@mcgrathmullan.ie
Tel: 01-873-5012

Typical Conveyancing Fees

For a house with a value up to €360,000.00, our professional fee would be in the region of €1,995.00 plus VAT (total €2,453.85). For the purchase or sale of an apartment the fee would be €2,250.00 plus VAT (€2,767.50), given the extra work involved concerning management companies. To this we will add all outlays plus a €25 storage fee for 12 years (actual cost paid) Our usual fee for re-mortgaging is €950.00 plus VAT (total €1,168.50).

Taking a Lease of a business premises.

Most businesses need a premises from which to operate. It is important to make sure there is a good lease in place to meet the needs of the business. There are two types of leases which a typical business encounters: a short term lease (up to five years) and a long lease (anything over five years). Sometimes a short term lease does not require a detailed legal examination of title. This is particularly so if the location of the business is not vital to the business interests.

However, for some businesses a strong lease is vital especially particularly if there is an investment in fitting out the premises and goodwill attaching to the premises. A restaurant business is a good example of this.

If the lease is defective this can be very devastating for a business. Therefore it is vital to have a full investigation. For instance, the planning permission must be in order, the landlord’s title must be assured, the consent of any mortgagee obtained, clauses carefully considered, responsibility for rates and service charges, access, car parking and so on, carefully considered.

It is important to understand who is responsible for the upkeep and repair of the premises. It can be a shock to a tenant to discover that they are responsible for the repair of the roof of a premise into which they have just moved!

The lease must be stamped with the revenue commissioners. Some long leases must be registered with the Property Registration Authority.

It can be important also to ensure the tenant has the right to a new lease at the expiry of the term.

Short term business lease

A short term lease is less likely to be vital to a business interest – for instance an office which is not open to the public. In this case it is not vital to have a full investigation of title and it is adequate to consider only whether the terms of the lease are fair and reasonable and accurately record the agreement between the landlord and tenant.

In either case, it is the duty of the solicitor to carry out an appropriate investigation to give the tenant confidence in their lease so that can develop their business.

Property Services - Contact Us Today

Have you questions regarding property law? We have extensive experience dealing with leases and tenancy agreements. Know your options. Contact us today. Any of our solicitors will be delighted to speak with you without obligation.