Residential Zoned Land Tax Searches – An Ellis & Ellis Explainer
What are Residential Zoned Land Tax (RZLT) Searches? As part of the ‘Government’s Housing For All’ programme, a new annual tax called the Residential Zoned Land Tax (RZLT) was introduced under the Finance Act 2021, and is scheduled to come into practical effect on 1st February 2025. As part of a broader approach to tackling […]
Rent Pressure Zone (RPZ) Searches – An Ellis & Ellis Explainer
What are Rent Pressure Zone (RPZ) Searches? At a time of ever-increasing rental costs, and as part of a governmental approach to making rented accommodation generally more affordable, Rent Pressure Zones (RPZ) were initially introduced on 24 th December 2016, and have since been extended under the Residential Tenancies (No. 2) Act 2021. This special […]
Register of Shipping Searches – An Ellis & Ellis Explainer
What are Register of Shipping Searches? A division of the Department of Transport and operating under the Irish Maritime Administration (IMA), the Marine Survey Office (MSO) is responsible for port/ flag state (i.e. the jurisdiction under whose laws the vessel is registered or licensed) regulatory control in Ireland. These duties and responsibilities as the maritime […]
Intellectual Property Office of Ireland (IPOI) Searches – An Ellis & Ellis Explainer
Intellectual Property – a brief understanding In as much as physical objects like land, houses, vehicles, and other goods can be owned by an individual or a legal entity, it is also the case that original creative processes or innovations can be owned. Copyright aside, certain types of intellectual property (IP) still necessitate a formal […]
Credit Union Searches – An Ellis & Ellis Explainer
What is a Credit Union search in the context of a conveyance? Credit Unions bear many similarities to Friendly Societies which are often characterised as associations of ‘mutual aid.’ Initially formed on a voluntary basis, friendly societies’ primary purpose was to ‘…safeguard members from debts arising from illness, death, or old age.’ Over time some […]
Probate Searches in a Conveyancing Context – An Ellis & Ellis Explainer
What are probate searches? Typically, when an individual passes away within the State, a procedure is initiated to grantsomeone the legal authority to manage the deceased person’s estate. This process iscommonly known as Probate, and its name has roots in the Latin words ‘probare’ or‘probatum,’ signifying the verb ‘to prove.’ Operating under the jurisdiction of […]
What is a National Archives Search? – An Ellis & Ellis Explainer
The National Archives – A brief synopsis Born of a merging of the State Paper Office (SPO) (Founded in 1702 and holding the records of the various Lord Lieutenants of Ireland, 1542 to 1801) and the Public Record Office of Ireland (PROI) (Founded 1867) whose duties included ‘…collecting administrative, court and probate records…’, the new […]
What is an Irish Collective Asset-management Vehicle (ICAV) Register Search? – An Ellis & Ellis Explainer
What is an Irish Collective Asset-management Vehicle (ICAV) search? In order to respond to the above premised question, we must first ask ‘What is an ICAV?’ Operating under the European Commission’s regulatory framework for managing and selling mutual funds (i.e., financial products that aggregate assets from shareholders to invest in bonds, market instruments, stocks and […]
Closing Searches – An Ellis & Ellis Explainer
What are Closing Searches? Typically, when a premises goes ‘Sale Agreed’ the selling and purchasing solicitors will generate a contract which commits the buyer to the purchase of the property (right or interest) as seen, yet subject to the contract’s agreed terms and conditions. Invariably the contract to purchase will include a deliberation on the […]
Beneficial Ownership Searches – An Ellis & Ellis Explainer
What is a Beneficial Ownership search? Ever since European Anti-Money Laundering legislation was transposed into Irish law from 2015onwards, it has become a requirement for companies, industrial and provident societies, andCertain Financial Vehicles (CFVs) to (a) maintain an internal register of their beneficial ownersand (b) to file this information with a central register. In Article […]
