Contracts

This Overview is a guide to the content within the Contracts subtopic, with links to appropriate materials.

This subtopic contains the following Checklists:

1. •

   Ireland—Option agreements—acting for the vendor—checklist highlights issues to be considered by the seller when drafting or negotiating a property call or put option agreement, including how the option may be triggered, the mechanism for calculating the price of the land and VAT

2. •

   Ireland—Option agreements—acting for the purchaser—checklist highlights issues to be considered by the purchaser when drafting or negotiating a property call or put option agreement including calculation of the option fee, VAT and stamp duty and pre-conditions such as obtaining planning permission for the land

3. •

   Ireland—Initial contract considerations—checklist provides guidance to drafters of contracts and their clients on the initial contract considerations when entering into contracts generally

This subtopic contains the following Practice Notes:

1. •

   Ireland—Conditions of Sale 2023 Edition was published on 16 April 2024 and amends the Conditions of Sale 2023 which was issued on 20 October 2023 and had been in use for all transactions since 1 November 2023

2. •

   Ireland—Completion declarations. In property transactions there a number of statutory