Republic of Ireland Law
Republic of Ireland Law Questions Answered by Experts
1. At the outset, no agreement in relation to property is binding unless it is in writing and thereby is in accordance with the Statute of Frauds, 1695. Accordingly, whilst you can recover your expenditure on the property as a debt, you do not have any share in the property merely because your parents have said so. Accordingly, you are relying upon your parents to honour their verbal promise to you as it is not binding in law. So, the botXXXXX XXXXXne is that it would be foolish to sue upon a promise which is not legally binding, as then you certainly will get nothing. However, there is nothing to prevent your parents' reneging on their promise to you.
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