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Title Deeds

  • 01-05-2015 9:19pm
    #1
    Harry321
    Registered Users, Registered Users 2 Posts: 56 ✭✭


    I am considering buying a turf bank that has no title deeds. This will be purchased through an auctioneer.

    What is my exposure/risks?


Comments

  • #2
    Marcusm
    Registered Users, Registered Users 2 Posts: 10,628 ✭✭✭✭Marcusm


    Get a solicitor, I suspect you are looking at purchasing the art rights over common age. You would not own the land, you would be acquiring rights to harvest turf.


  • #3
    Harry321
    Registered Users, Registered Users 2 Posts: 56 ✭✭Harry321


    Thanks Marcusm, thus whom owns the land in the absence of Title deeds, the state?, Bord Na Mona?


  • #4
    Marcusm
    Registered Users, Registered Users 2 Posts: 10,628 ✭✭✭✭Marcusm


    I actually wrote turbary rights and missed that it auto corrected. In the case of those I inherited, the land was commonage.


  • #5
    handlemaster
    Registered Users, Registered Users 2 Posts: 6,003 ✭✭✭handlemaster


    It could all go up in smoke


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