Property Regulator addresses Chartered Surveyors in Portlaoise

The CEO of the Property Services Regulatory Authority (PSRA), Tom Lynch, briefed members of the Society of Chartered Surveyors Ireland yesterday on the strict new licensing and regulation of property professionals involved in the selling, letting or managing or property or land.

The new licensing system is due to be introduced by the Property Services (Regulatory) Authority in July and will see all property professionals licensed individually as well as at a company level.The SCSI welcomed Mr. Lynch’s presentation to Chartered Surveyors operating in Residential Property and said that it was satisfied that the long-awaited Property Services Regulatory Authority (PSRA) had now been established on a statutory basis and would lead to higher standards in the property sector.