Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Public auction money

  • 06-11-2014 9:06am
    #1
    femur61
    Registered Users, Registered Users 2 Posts: 1,588 ✭✭✭


    Hi, when a solicitor gets the proceeds from a sale of a house by public auction does anyone know how long before the money should be dispersed. He is paying CGT for me but he has the money over 7 weeks now.


Comments

  • #2
    Pat Mustard
    Registered Users, Registered Users 2 Posts: 9,554 ✭✭✭Pat Mustard


    You say that the property has been sold. Even if he is paying your CGT out of your sale proceeds, it isn't clear why he needs to hold on to all of the money.

    You should ask him.


  • #3
    femur61
    Registered Users, Registered Users 2 Posts: 1,588 ✭✭✭femur61


    He did send out some but will keep the rest till he pays GCT. It should be a quick calculation. I was wondering was this normal? I am getting a bit worried at this stage as he doesn't respond to phone calls or emails.


  • #4
    Pat Mustard
    Registered Users, Registered Users 2 Posts: 9,554 ✭✭✭Pat Mustard


    It depends. Sometimes solicitors agree with clients to hold back money pending agreement with Revenue concerning the CGT calculation. Sometimes there is a delay in getting Revenue to confirm the position.


Advertisement