The Legal Bit

Licensing and the PSRA

Cronin Naughton Properties are fully licensed by the Property Services Regulatory Authority (PSRA). The PSRA was established on 3 April 2012 following the Property Services (Regulation) Act 2011 (the Act) and is the statutory body with responsibility for licensing and regulating the property services sector in Ireland.

The Act establishing the PSRA provides for the licensing of four categories of Property Services Providers (PSP):

Licence Category A – Auctioneers: Persons engaged in the auction of property other than land.

Licence Category B – Estate Agents: Persons engaged in the purchase or sale of land by whatever means.

Licence Category C – Letting Agents: Persons engaged in the letting of land.

Licence Category D – Management Agents: Persons engaged in the provision of property management services on behalf of Management Bodies.

Cronin Naughton Properties are fully licensed to provide services in all four categories: A, B, C and D. This means we go through the process of an annual license renewal and must adhere to all regulations. 

Cronin Naughton Properties are fully insured with Professional Indemnity Insurance. 

Sarah Cronin Falvey is a member of the Institute of Professional Auctioneers and Valuers and an MMCEPI.

 

Why is it important to use a licensed auctioneer?

Using a licensed PSP gives you consumer protection. There are minimum standards and a Code of Practice that licensed property services providers must follow. 

Complaints

If you are not satisfied with a response to a complaint received from Cronin Naughton Properties you may make a complaint to:

Property Services Regulatory Authority,
Abbey Buildings
Abbey Road
Navan
Co Meath
C15 K7PY

What this means for you?

When you engage our services, whether it is for a property sale, property management or a letting, there are a few things we need to do to make sure we are in compliance with the regulation. 

A Letter of Engagement (LOE) is issued by Cronin Naughton Properties. This must be signed by you and returned within seven days. The LOE, along with a copy of your ID and proof of address will be retained by us in line with GDPR laws. 

Once we have these in place, we can get to work on your property needs.