PROPERTY SERVICES REGULATION – New Arrangements for Providers of Property Management Services to Multi Unit Developments (MUDs)

By IPFMA, Monday, 27th June 2011 | 0 comments
Filed under: MUD Act, IPFMA, PSRA, Regulation.

The IPFMA publish the new arrangements for the regulation of Management Agents pending formal enactment. read more....

The NPSRA Bill once enacted will provide a statutory framework for the regulation of auctioneers, estate agents, letting agents and property management agents. It will establish the PSRA on a statutory basis and the principal role of this new Authority will be to:

  • license and regulate Property Services Providers (PSPs), and
  • administer an independent system of investigation and adjudication of complaints from consumers about their individual dealings with such service providers.

This legislation is welcomed and will ensure a more professional environment for consumers.



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