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Residential Property Prices Register

Dáil Éireann Debate, Tuesday - 30 November 2021

Tuesday, 30 November 2021

Questions (471)

Cian O'Callaghan

Question:

471. Deputy Cian O'Callaghan asked the Minister for Justice further to Parliamentary Question No. 588 of 13 July 2021, the steps that have been taken to address the errors that have been occurring; and if she will make a statement on the matter. [58311/21]

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Written answers

As the Deputy will be aware, the Property Services Regulatory Authority (PSRA) is the statutory regulatory body tasked with responsibility for licensing and regulating property services providers and is independent in the performance of its functions. As such, I have no role in operational matters under the remit of the PSRA. The PSRA has a dedicated email address for Oireachtas Members to contact them directly with any queries at: info@psr.ie.

However, in order to be of assistance to the Deputy, I have asked the PRSA for an update on this matter and they have provided the information set out below.

The Residential Property Price Register is produced by the PSRA pursuant to section 86 of the Property Services (Regulation) Act 2011.

I am informed by the PSRA that the Register is compiled from data which is filed, for stamp duty purposes, with the Revenue Commissioners. The data is primarily filed electronically with Revenue by the person doing the conveyancing of the property on behalf of the purchaser and errors may occur when the data is being filed.

I am advised that in order to correct typographical errors or errors in prices that may appear on the Register, the owner of the property in question, should request that the person who filed the stamp duty return on their behalf, submit an amended stamp duty return, with the correct details, to the Revenue Commissioners.

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