You will need to have a Section 32, also known as a Vendor’s Statement prepared. The S32 is a legal document that accompanies the Contract that outlines details specific to the property and contains legally required certificates and disclosure of encumbrances as required by the Sale of Land Act.
Most real estate agents provide a standard Contract of Sale, however if selling without an agent or by Auction you will need to have special Contracts drawn up by a solicitor.
The Contracts and S32s will need to be signed by yourself and the purchasers. A copy will be forwarded to your Solicitor and if there is a mortgage on the property they will begin the discharge process to let your mortgagee know that the property has sold and that they are to wind up the[…]
Usually the deposit is released at or after settlement. Where the settlement proceeds are sufficient to discharge a mortgage or where there is no mortgage, a Section 27 Statement may be prepared by the solicitor which allows for an early release of the deposit. However, the purchaser is under no obligation to sign the Section[…]
No. These are only payable when you purchase a property, However depending on how many properties you own there may be land tax payable on the property.