Following publication of the original article (Onofri et al. 2023), the authors reported an error in describing the legal requirements applying to tenant farmers in registering each rental agreement with the Property Services Regulatory Authority in Ireland. The regulations are outlined in section 88 of the Property Services Regulatory Act 2011. The text in these regulations is more comprehensive than described on page 5 and within footnote 4 of the article. Essentially, the tenant farmer (or such other person as the tenant has authorised in writing to act on his or her behalf) must register the transaction with the Property Services Regulatory Authority in circumstances where the transaction is stamped by the National Stamping office of the Revenue commissioners. The regulations are not confined to circumstances where an auctioneer or other relevant intermediary is engaged in the transaction. The registration must take place within 30 days following the day on which a stamp certificate is received by or on behalf of the tenant from the Revenue Commissioners in respect of the lease. The Revenue Commissioners require tenants who are availing of tax incentives to have their lease registered on the Property Services Regulatory Authority Commercial Lease Register.

Correction: Understanding agricultural land leasing in Ireland: a transaction cost approach (Agricultural and Food Economics, (2023), 11, 1, (17), 10.1186/s40100-023-00254-x)

Onofri L.;Trestini S.;
2023

Abstract

Following publication of the original article (Onofri et al. 2023), the authors reported an error in describing the legal requirements applying to tenant farmers in registering each rental agreement with the Property Services Regulatory Authority in Ireland. The regulations are outlined in section 88 of the Property Services Regulatory Act 2011. The text in these regulations is more comprehensive than described on page 5 and within footnote 4 of the article. Essentially, the tenant farmer (or such other person as the tenant has authorised in writing to act on his or her behalf) must register the transaction with the Property Services Regulatory Authority in circumstances where the transaction is stamped by the National Stamping office of the Revenue commissioners. The regulations are not confined to circumstances where an auctioneer or other relevant intermediary is engaged in the transaction. The registration must take place within 30 days following the day on which a stamp certificate is received by or on behalf of the tenant from the Revenue Commissioners in respect of the lease. The Revenue Commissioners require tenants who are availing of tax incentives to have their lease registered on the Property Services Regulatory Authority Commercial Lease Register.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11577/3492822
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