The Property Services Regulatory Authority
("Authority") was established on the 3 April 2012
pursuant to the Property Services (Regulation) Act 2011
("Act"). One of the main functions of the Authority is
the licensing of auctioneers, estate agents and letting agents
which, was previously overseen by the courts and Revenue
Commissioners. Management agents, for the first time, will also
need to be licensed by the Authority.
The Authority will take over the role of licensing the property
service providers listed above with effect from the 6th July 2012.
Applications for licences may be made to the Authority from the
30th May 2012 onwards.
The new procedure requires all applicants to submit the
appropriate application form to the Authority together with certain
accompanying documentation. The accompanying documentation will
depend on the type of applicant. It should be noted all applicants
must meet certain minimum qualification requirements, for example
an applicant