Commercial Property Sales Solicitor Dublin
Blanchardstown, Castleknock, Dublin City Centre
Commercial Property Sales Solicitors in Dublin | Carmody Moran Solicitors
Commercial Property Sales Solicitors Dublin are legal professionals who specialise in assisting clients with the buying and selling of commercial properties. Their Commercial Law expertise lies in navigating the complex legal processes and requirements involved in commercial property transactions.
Be it that you are selling on the open market or to a tenant or selling from your personal ownership to a company, our expert team based in two convenient Dublin City locations at 27 Mount Street Upper, Dublin 2, and at Main Street, Blanchardstown Village, Dublin 15 (convenient to the business parks at Ballycoolin, Blanchardstown, Dublin 15 and Dublin 11, and the M50), are on hand to guide Vendors through the entire process seamlessly and efficiently.
Our experienced Commercial Property Solicitors Dublin will guide you through the process including:
- From taking initial instructions to locating your title deeds and ensuring their delivery, attending to any items of updating that require attention.
- Review the title deeds of the property to ensure that there are no issues with the ownership or any encumbrances on the property.
- Conduct searches on the property to check for any liens, mortgages, or other charges that may affect the sale.
- Prepare the contract for sale, which outlines the terms and conditions of the sale and includes any special conditions agreed upon by the buyer and seller.
- Negotiating the Contract Terms and Conditions.
- Reviewing and progressing any updating matters such as the necessary certificates and documents required by law, such as planning and building regulations certificates. Dealing with queries raised by the Purchaser’s solicitor.
- Working with you for any steps necessary to progress the sale such as the payment of any outstanding charges, such as property taxes, commercial rates, taxes, and redemption of loans, that may be due on the property.
- Coordinate the exchange of contracts and the payment of the deposit.
- Drafting all documents and executing the transfer deed, which transfers the ownership of the property from the seller to the buyer.
- Collect the sale proceeds and distribute them according to the terms of the sale.
At Carmody Moran Solicitors our expert team in various Law practice areas including Commercial Law based in two convenient Dublin City locations at 27 Mount Street Upper, Dublin 2, and at Main Street, Blanchardstown Village, Dublin 15 (convenient to the business parks at Ballycoolin, Blanchardstown, Dublin 15 and Dublin 11, serve all of the North City Centre of Dublin and South County Dublin, in the area of specialist commercial property law.
Our Commercial Law team has led projects for clients in a variety of various professional, business, and manufacturing backgrounds, from small and medium businesses to franchises, and chains. Our business clients range from high-net-worth individuals with substantial property portfolios and business assets, to medical practices, pharmacy chains, small and medium companies, suppliers and wholesalers, manufacturing industries, engineering companies, information technology companies, accountants, and other professionals.
Our expert commercial property solicitors are on hand to competently and expertly guide and lead you through the commercial sale process seamlessly and efficiently, to help you avoid common pitfalls, time delays, and to ensure all legal requirements to progress a sale smoothly are met.
We understand the importance of a prompt and proactive service and we will meet with you at an early stage to ensure you have your title paperwork in order and any necessary updating attended to, which can help a transaction progress smoother once sale agreed.
Frequently Asked Questions of our Commercial Property Sales Solicitors in Dublin, Ireland
What is commercial property sales law in Dublin & Ireland?
Commercial property sales law in Ireland governs the legal processes and regulations involved in buying and selling commercial properties. It includes the legal requirements for property transactions, drafting contracts, title searches, and ensuring compliance with relevant laws and regulations.
Why do I need a solicitor for commercial property sales in Ireland?
Engaging a solicitor for commercial property sales in Ireland is crucial to ensure that the transaction is legally sound and all necessary legal steps are followed. A solicitor can help with contract negotiations, conduct due diligence, handle title transfers, and ensure compliance with legal requirements, protecting your interests throughout the process.
What are the steps involved in a commercial property sale in Dublin & Ireland?
The steps in a commercial property sale typically include marketing a property for sale, receiving offers, negotiating terms, engaging a solicitor to draft the sales contract, obtaining necessary approvals, and finally, completing the sale with the transfer of ownership.
How long does a commercial property sale transaction take in Ireland?
The timeframe for completing a commercial property sale can vary depending on factors such as the complexity of the transaction, negotiations, due diligence, and any potential legal or financial issues. The procedure might take anything from a few weeks to a few months on a typical basis.
Are there any tax implications in commercial property sales?
Yes, there are tax implications involved in commercial property sales in Ireland. These may include stamp duty, capital gains tax, value-added tax (VAT) on certain transactions, and other relevant taxes. It is essential to consult with a solicitor or tax advisor to understand the tax implications specific to your situation.
Can I negotiate the terms of a commercial property sales contract?
Yes, you can negotiate the terms of a commercial property sales contract, including the purchase price, payment terms, conditions of sale, and other relevant provisions. Your solicitor can assist in the negotiation process to protect your interests.
What is the role of the solicitor in a commercial property sales transaction?
The solicitor plays a vital role in a commercial property sales transaction. They handle legal aspects such as contract preparation, due diligence, title searches, resolving legal issues, overseeing the completion process, and ensuring compliance with relevant laws and regulations.
Can a commercial property solicitor assist with lease agreements?
Yes, a commercial property solicitor can assist with lease agreements. They can draft and review lease contracts, negotiate lease terms, handle lease renewals, and provide legal advice related to commercial property leasing.
How do I choose the right solicitor for commercial property sales in Ireland?
Choosing the right solicitor for commercial property sales in Ireland is essential. Consider factors such as the solicitor’s expertise and experience in commercial property law, reputation, client reviews, and communication style to ensure a smooth and successful transaction.
What is Ireland's stamp duty rate on commercial real estate?
Stamp duty on commercial property in Ireland varies depending on the value of the property. As of my last update in September 2021, the stamp duty rate is 7.5% for properties valued up to €2 million and 9% for properties valued over €2 million.
What is the VAT rate on the purchase of commercial property in Ireland?
The VAT rate on the purchase of commercial property in Ireland is generally 23%. However, certain properties may be exempt or subject to a reduced rate depending on their use and other factors.
What are the property rights in Ireland?
Property rights in Ireland are protected by law, and owners have the right to possess, use, and dispose of their property. These rights are subject to certain limitations and regulations, including planning and zoning laws.
Who pays stamp duty on commercial leases?
In a commercial lease, the tenant is typically responsible for paying the stamp duty. The amount is calculated based on the annual rent and the lease duration.
How much does a solicitor charge in Ireland?
Solicitor charges in Ireland vary depending on the complexity of the legal matter and the solicitor’s experience. They may charge a fixed fee or an hourly rate for their services.
What is the difference between commercial and conveyancing?
Commercial law involves legal matters related to businesses and commerce while conveyancing specifically deals with the transfer of property ownership.
How much is a solicitor letter in Ireland?
The cost of a solicitor’s letter in Ireland can vary depending on the solicitor and the nature of the letter. It may be included in the overall legal fees for a case or charged separately.
Does a commercial lease need to be registered in Dublin & Ireland?
Yes, commercial leases with a term of over 35 years or leases for a term that exceeds 35 years once combined with earlier leases need to be registered with the Property Registration Authority in Ireland.
Your Expert Commercial Property Sales Solicitors & Commercial Law Legal Team in Blanchardstown
The team of Carmody Moran Solicitors in Blanchardstown have a combined total of in excess of twenty five years professional legal experience. Together with their associates they aim to make the Court process as straight forward and navigable as possible while being on hand to alleviate their clients concerns and worries about going through the Court process.
Jim Downing is a senior member of the team at Carmody Moran Solicitors LLP. He has significant legal experience gained working with private client firms in Dublin before joining the team.
He is a highly skilled commercial conveyancer with broad Commercial Law expertise. He has a wealth of knowledge from his twenty years plus experience working in the legal field making him a private client specialist including the Commercial Property Sales practice area having handled literally thousands of cases on behalf of clients based in Dublin, Ireland & abroad.
Niamh Moran is one of the founding partners of Carmody Moran Solicitors and is a solicitor with wide-ranging experience across all areas of general practice.
Niamh manages the family law, conveyancing in Dublin, and probate divisions of the practice as well as Commercial law in the practice area of Commercial Property Sales. Niamh’s practice of law is extremely varied and she is regularly sought out for her expertise by clients and colleagues alike.
*While we have made every effort to provide accurate information, the law is always changing and it affects each person differently. This information is not a substitute for specific advice about you personally and it is not intended as legal advice. We will not be liable to you if you rely on this information. In contentious business, a solicitor may not calculate fees or other charges as a percentage or proportion of any award or settlement. This statement is made in compliance with Reg.8 of SI 518 of 2002.
You should note that no solicitor/client relationship or duty of care or liability of any nature shall exist or be deemed to exist between Carmody Moran Solicitors and you until you have received a written letter of engagement from us in which we confirm our appointment as your Solicitors.
Contact Your Expert Commercial Property Sales Legal Team in Blanchardstown, Dublin
If you have any questions, our dedicated team of professionals is ready to help. You can also use the contact form below to send us a message, and we’ll get back to you as soon as possible.
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