Republic of Ireland Law
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aj the company is based in Ireland.In 2002 we set up a company and bought a property and told our solicitor to register with land registry in company name.we got loan from bank and they asked for property as security as per expected. in 2006 the bank realised they had discharged the loan to us personally and the security was not in place.they continually asked us to transfer the property to our personal names. we did not do this as there would have been a tax implication this went on untill October 2012. we had paid our loan up until that point. relations broke down at that time with the bank threatening to sue our solicitor. then 4 weeks ago the bank wrote to us to meet with them.our position is we want to go to court and get a court declaration to discharge. thanks teresa
yes id like an answer to my question
Nicola yes id like an answer to my question.