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Auctioneers and House Agents Act, 1973

In short

This law amends existing legislation concerning auctioneers and house agents, primarily by making certain contract provisions void and increasing a required deposit. It aims to protect purchasers, lessees, or tenants from being charged for agents' fees in specific situations.

What it regulates

  • Provisions in agreements for the sale, lease, or letting of property (excluding personal chattels) that require the purchaser, lessee, or tenant to pay auctioneers' or house agents' fees.
  • The amount of the deposit maintained in the High Court by licensed auctioneers and house agents.
  • The interpretation of "auctioneers" and "house agents" as persons required to be licensed under the Principal Act.

Who it concerns

  • Auctioneers and house agents required to be licensed under the Auctioneers and House Agents Act, 1947.
  • Purchasers, lessees, or tenants of property (not being personal chattels).

Key points

  • Any provision in an agreement made after this Act's commencement that forces a purchaser, lessee, or tenant to pay auctioneers' or house agents' fees for the sale, lease, or letting of property (not personal chattels) is void.
  • Money paid under such a void provision can be recovered as a simple contract debt.
  • This voiding does not apply if a person retained an auctioneer or house agent to acquire property and that agent did not also act for the seller.
  • The deposit maintained in the High Court for an auctioneer's or house agent's licence will be £10,000 for any period starting on or after July 6, 1974.
Legal text
Legal text

Auctioneers and House Agents Act, 1973 Skip to content Disclaimer Feedback Helpdesk Gaeilge Léim go dtí an t-ábhar Séanadh Aiseolas Deasc chabhrach English Gaeilge English Produced by the Office of the Attorney General Táirgthe ag Oifig an Ard-Aighne Home Legislation Acts of the Oireachtas Statutory Instruments Pre-1922 Legislation Constitution External Resources Bills (Houses of the Oireachtas) Iris Oifigiúil / Official Gazette Revised Acts (LRC) Classified List of Legislation (LRC) Translations (acts.

  1. ie)Translations (Houses of the Oireachtas) Government Publications for Sale EU Law (EUR-Lex) FAQ Disclaimer Feedback Helpdesk Search Baile Reachtaíocht Achtanna an Oireachtais Ionstraimí Reachtúla Reachtaíocht Réamh-1922 Bunreacht Acmhainní Seachtracha Billí (Tithe an Oireachtais) Iris Oifigiúil Achtanna Athbhreithnithe (CAD) (An Coimisiún um Athchóiriú an Dlí) Liosta Rangaithe Reachtaíochta Aistriúcháin (achtanna.
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  3. s)or rangeBliain nó blianta nó raon TypeCineál All Legislation Acts Statutory Instruments Advanced SearchCuardach Casta HomeBaile ActsAchtanna 1973 Auctioneers and House Agents Act, 1973 Auctioneers and House Agents Act, 1973 Permanent Page URL View by SectionAmharc de réir Ailt View Full ActAmharc ar an Acht Iomlán Bill History Stair Bille Commencement, Amendments, SIs made under the Act Tosach Feidhme, Leasuithe, IRí arna ndéanamh faoin Acht Print Full ActPriontáil an tAcht Iomlán Number 23 of 1973 AUCTIONEERS AND HOUSE AGENTS ACT, 1973 ARRANGEMENT OF SECTIONS Section 1. Interpretation. 2. Certain provisions in agreements relating to sales, etc., of property to be void. 3. Increase of deposit in High Court. 4. Short title, collective citation and commencement. Acts Referred to Auctioneers and House Agents Act, 1947 1947, No. 10 Auctioneers and House Agents Act, 1967 1967, No. 9 Number 23 of 1973 AUCTIONEERS AND HOUSE AGENTS ACT, 1973 AN ACT TO AMEND THE LAW RELATING TO AUCTIONEERS AND HOUSE AGENTS. [12th November, 1973] BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: Interpretation. 1.—

(1)In this Act “the Principal Act” means the Auctioneers and House Agents Act, 1947 .
(2)In this Act references to auctioneers shall be construed as referring only to persons required to be licensed as auctioneers under the Principal Act, and references to house agents shall be construed as referring only to persons required to be licensed as house agents under that Act. Certain provisions in agreements relating to sales, etc., of property to be void. 2.—
(1)Subject to subsection
(2)of this section, any provision (whether express or implied) in an agreement entered into after the commencement of this Act and relating to the sale, lease or letting of property (not being personal chattels), whereby the purchaser, lessee or tenant is required to pay or bear the cost of auctioneers' or house agents' fees or expenses in respect of the sale, lease or letting, shall be void, and any moneys paid under or on foot of such a provision shall be recoverable as a simple contract debt in a court of competent jurisdiction.
(2)Nothing in subsection
(1)of this section shall affect the liability of a person to pay fees or expenses to an auctioneer or house agent in respect of the acquisition of any property in a case where the auctioneer or house agent had been retained by the person to acquire such property and does not also act, in relation to such acquisition, on behalf of the person from whom the property is acquired. Increase of deposit in High Court. 3.—Notwithstanding section 14 (
  1. a)of the Principal Act and section 2 of the Auctioneers and House Agents Act, 1967 , the deposit maintained in the High Court under the Principal Act shall, in respect of any period beginning on or after the 6th day of July, 1974, for which an auctioneer's licence or a house agent's licence is in force, be of the value of £10,000, and the references in sections 14 (
  2. d)(
  3. ii)and 15
(3)(b) of the Principal Act to two thousand pounds and the reference in section 2 of the said Auctioneers and House Agents Act, 1967 , to five thousand pounds shall be construed accordingly. Short title, collective citation and commencement. 4.—
(1)This Act may be cited as the Auctioneers and House Agents Act, 1973.
(2)The Auctioneers and House Agents Acts, 1947 and 1967, and this Act may be cited together as the Auctioneers and House Agents Acts, 1947 to 1973.
(3)This Act shall come into operation on the expiration of the period of one month beginning on the day of the passing thereof. Privacy Statement Accessibility European Legislation Identifier (PDF) Open Data License Ráiteas Príobháideachais Inrochtaineacht Aitheantóir Eorpach Reachtaíochta (ELI) Ceadúnas Sonraí Oscailte Liosta Fianán © Government of Ireland. Oireachtas Copyright Material is reproduced with the permission of the Houses of the Oireachtas © Rialtas na hÉireann. Atáirgtear ábhar faoi Chóipcheart le cead ó Thithe an Oireachtais

AI explanation based on the official legal text. Indicative, not a substitute for legal advice.