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How to register land which is currently registered in the ownership of a 'dissolved' company

  • 30-03-2025 02:04AM
    #1
    damab
    Registered Users, Registered Users 2 Posts: 2 ✭


    Hi.

    I know the first answer will be to 'get legal advise from a Solicitor' or other such person.

    I want to buy a piece of land beside my mothers house so I can build her an accessible (disabled) toilet. The land is registered to a building company which is dissolved. The land was not dealt with when the company was dissolved and it was not signed over to the government when the company was dissolved 12 years ago.

    I will go to a Solicitor but has any one purchased or changed ownership on such lands or know of some one that did.

    Any advise or help would be gratefully appreciated.

    THANKS IN ADVANCE….The Cub



Comments

  • #2
    Peregrinus
    Registered Users, Registered Users 2 Posts: 27,430 ✭✭✭✭Peregrinus


    The people behind the dissolved company could petition the court to restore the company to the register — it's a fairly simple process — and then sell the land to you. If you're offering good money for the land, they might be motivated to do this. But you'd have to find out who they are (from Companies Office records), track them down and make them an offer.

    Alternatively, the assets of a dissolved company pass to the State. You can approach the State and offer to buy the land. I believe the Dept of Finance has a section which deals with matters like this, but I could be wrong.

    You could just annex the bit you want, fence it off from the rest, treat it as part of your own property, and build your toilet. After 12 years, with no challenge from anyone to your right to do so, you'd acquire title by adverse possession. But that's a risky strategy; you may not want to spend money doing building work when there is still a possibility of a challenge.



  • #3
    Claw Hammer
    Registered Users, Registered Users 2 Posts: 6,773 ✭✭✭Claw Hammer


    https://www.boards.ie/discussion/comment/123310678#Comment_123310678

    The assets of a dissolved company pass to the state and are administered by the Minister for Public Expenditure and Reform.
    Adverse possession against the state is 30 years, not 12 as in other cases.
    A dissolved company can be restored up to 20 years after dissolution and the DPER won't deal with it until that period has elapsed at least and may well wish to sell any such land by tender rather than be accused of corruption.
    restoring a company more than 12 months after is it dissolved is an expensive process requiring a court application and an undertaking to file outstanding accounts. The dissolved company may have liabilities outstanding and restoration to the register can make the company a target for creditors.



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