Transfer of Interest in a Rateable Property


Transfer of Property

The Local Government Reform Act 2014, provides for a wide range of reforms to local authority functions, structures and funding, and includes a number of changes in respect of Commercial Rates.

New legal requirement on owners/ratepayers in relation to a transfer of property:

Section 32 of the Act places –

  • An obligation on property owners, or their agents, to notify the Local Authority where an interest  in a rateable property is transferred and the person liable for rates changes.
  • The person transferring the property, either the owner or occupier, must discharge all rates for which he/she is liable at the date of transfer.

Failure to notify Laois County Council of a change in interest within 14 days of the transfer date, may result in a penalty for non-compliance in that, the owner becomes liable for an amount which is equivalent to the level of outstanding liabilities (up to a maximum of 2 years liability).

This obligation comes into effect on 1st July, 2014

Download the Transfer Details Form

Contact us in the  Rates Department with any queries in relation to this.

The full text of the Local Government Reform Act 2014 can be accessed at www.oireachtas.ie