The development name is not the legal counterparty
Large and small developments often involve several entities. The public-facing brand may not own the land or sign the building contract, and a special-purpose company may have been incorporated for one project. That structure is not inherently problematic, but you need to know which entity performs each obligation.
Request a written party map and use registration numbers to prevent name confusion. Search the project company as well as the better-known group company instead of assuming the brand stands behind every promise.
- Developer and project company
- Landowner and builder
- Selling agent and PSRA licence
- Deposit holder and bank beneficiary
Use the report to ask better project questions
The company profile establishes identity and status; the full report adds available directors and filing history. Review incorporation dates, address changes and people connected to the relevant entities, then compare them with the booking documents.
A newly incorporated project vehicle may be expected, but it provides limited standalone history. Ask your solicitor which entity gives contractual promises, whether any parent support exists and how the deposit is held. Do not infer a guarantee from branding or common directors.
Treat payment verification as a separate control
Property transactions attract payment-redirection fraud because the amounts are large and the process involves many emails. Confirm the beneficiary through a known agency or solicitor contact using a trusted telephone number, especially after any last-minute change.
The PSRA regulates property service providers such as estate agents, but a licence check does not replace company, title or contract review. Each control addresses a different risk and all should point to the same transaction.
- Never confirm bank changes only by replying to the email.
- Ask for written booking and refund terms.
- Understand who holds the deposit.
- Obtain a dated receipt naming the legal recipient.
What the company report can contribute
The €11.99 report is a low-cost corporate evidence layer when the booking deposit and future purchase are substantial. It creates a dated record of the entities and history you considered before payment.
It cannot confirm title, planning, building quality, completion, deposit protection or contractual rights. Those matters belong with your solicitor and appropriate technical advisers. Use the report to identify parties and questions, not to replace conveyancing due diligence.