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Estate not taken in charge - can this affect my house sale?

  • 08-01-2015 5:10pm
    #1
    emmetfahy
    Registered Users, Registered Users 2 Posts: 80 ✭✭


    Hello all,
    My house is almost sold. The purchaser's solicitor has asked if the estate is taken in charge. The answer is no, but the bond holder (the builder has gone bust), has agreed a programme of works with the council. Once these are complete, the estate will be taken in charge.

    Should or could this cause a problem? There is a management company in operation and management agents maintaining the estate.

    Thanks
    E
    Tagged:


Comments

  • #2
    Victor
    Registered Users, Registered Users 2 Posts: 78,574 ✭✭✭✭Victor


    Many properties are bought or sold without the property being taken in charge. It is perfectly reasonable for a buyer to enquire as to what the situation is, so they know what they are getting into.


  • #3
    BenIrishHome
    Registered Users, Registered Users 2 Posts: 27 ✭BenIrishHome


    emmetfahy wrote: »
    Hello all,
    My house is almost sold. The purchaser's solicitor has asked if the estate is taken in charge. The answer is no, but the bond holder (the builder has gone bust), has agreed a programme of works with the council. Once these are complete, the estate will be taken in charge.

    Should or could this cause a problem? There is a management company in operation and management agents maintaining the estate.

    Thanks
    E


    I've done a few of these (Bought and sold). You should be fine if a receiver or management company has been setup. Who is the estate managing agent or receiver?


  • #4
    emmetfahy
    Registered Users, Registered Users 2 Posts: 80 ✭✭emmetfahy


    Hi, thanks, but I'd rather not get into specifics re the company name etc.


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