Promised since 2005, the changes will impose significant controls and sanctions on the activities of estate agents, including auctioneers, for the first time in the history of the State.
They arise following disquiet at the behaviour of some estate agents during the boom years.
“Out-dated, inappropriate and inadequate for the present-day market,” was former Minister for Justice, Michael McDowell’s 2005 damning indictment of the law, which is still with us six years on. But change is imminent. Among the measures will be:
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