galway_blow_in
Registered User
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- 2,102
i bought a property at auction for cash in the past week , i got it for half what it sold for in 2007 and circa 35% cheaper than other units which were sold in the same development in the past two years .
however , there are people ( or persons ) residing in the property and there is no registered tenancy attached to the property , i know this because ive checked with the RTB
this is obviously a high risk purchase - investment but when i bought i was prepared to spend two years evicting the person - persons who are living there , its a really good property and in a good area of a large thriving town .
obviously i will need to engage with a solicitor once im fully registered as the owner but i was wondering if there is any obligation here to involve the RTB in the eviction process , squatters rights is not a possibility here , however , you cannot of course simply turn the power off or employ a locksmith to change the locks while removing the dwellers possessions
my question is whether i can completely bypass the RTB and evict those who are living in this property ?
say i do manage to resolve the issue within two years , if there is no history of a registered tenancy , is the property effectively the same as a brand new build in that i will not be bound by any rent control regulation ?
however , there are people ( or persons ) residing in the property and there is no registered tenancy attached to the property , i know this because ive checked with the RTB
this is obviously a high risk purchase - investment but when i bought i was prepared to spend two years evicting the person - persons who are living there , its a really good property and in a good area of a large thriving town .
obviously i will need to engage with a solicitor once im fully registered as the owner but i was wondering if there is any obligation here to involve the RTB in the eviction process , squatters rights is not a possibility here , however , you cannot of course simply turn the power off or employ a locksmith to change the locks while removing the dwellers possessions
my question is whether i can completely bypass the RTB and evict those who are living in this property ?
say i do manage to resolve the issue within two years , if there is no history of a registered tenancy , is the property effectively the same as a brand new build in that i will not be bound by any rent control regulation ?