Archives for Landlord Legislation

Are You In A Rent Pressure Zone? Know How To Conduct A Rent Review.

Rent Pressure Zones were introduced in Ireland in 2016. In Rent Pressure Zones rents can only rise by up to 4% annually. This applies when rents are set at the start of a tenancy and when rents are reviewed during an ongoing tenancy. A landlord must tell the tenant what the amount of rent that was last set under the tenancy for the dwelling. A landlord must provide the date the rent was last set under a tenancy for the dwelling. A landlord must provide a statement as to how the rent set under the tenancy of the dwelling has been
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Categories: First Time Landlord, Landlord Legislation, Property Management, Rent Increases, and Rent Pressure Zone.

What Landlords Need To Know About Rent Increases And Substantial Refurbishment

Works can be carried out to your rental property but if they do not meet the definition of Substantial Change below –  a Landlord cannot increase the rent. Please take notice of these rent increase rules. Refurbishment/Change works that commenced on or after 4th June 2019 , must comply with the new legislation if there is an intention to increase the rent to market rate. The definition is as follows:  A substantial change in the nature of the accommodation provided under the tenancy shall only have taken place where— (a) the works carried out to the dwelling concerned— (i) consist
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Categories: Landlord Legislation, Property Management, and Rent Increases.

Reminder To Landlords – BER Certificates

A Building Energy Rating (BER) certificate is similar to the energy label for household appliances. From January 2009, a BER Certificate is compulsory for all buildings being constructed, or offered for sale or rent. The certificate rates your building on a scale of A-G. A-rated homes are the most energy efficient and will tend to have the lowest energy bills. G-rated are the least energy efficient. A BER certificate is valid for a period of up to 10 years while there are no changes made to the dwelling that will negatively affect its energy performance. As 10 years have passed
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Categories: Landlord Legislation, News, and Property Management.

Important – New Timelines For Notice Periods

The Residential Tenancies Amendment legislation was signed into law by the President. Parts of it are scheduled to be commenced on the 4th June 2019. From the 4th June notices of termination served will have to abide by the new timelines, and notices may require technical amendment. Notices served before the 4th June will not require the new timeline and the existing templates may be used. If IPOA members are intending to serve a notice of termination after June 4th, please refer to the new templates.  Available Now. Contact IPOA @ info@ipoa.ie for updated notices Notice Periods Required by Landlords
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Categories: First Time Landlord, Landlord Legislation, News, Notice Periods, and Property Management.

Landlord Query Of The Week : Rent Increase

Landlord Query of the Week: 29th May 2019 My property is in a Rent Pressure Zone, I have not increased my rent since 2017, I have three tenants on one lease agreement, one tenant is leaving with a replacement in July. I have served a 90 days increase notice , how does the replacement tenant fit in with the increase? The increase will not come into affect until August. IPOA Reply:  *Private landlords must follow certain procedures and rules if they want to raise the rent. The rules are set out in the Residential Tenancies Act. Based on the information
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Categories: Landlord Legislation, Landlord Query of the Week, and Rent Pressure Zone.

More Legislation For Landlords – Passed

The Residential Tenancies (Amendment) (No 2) Bill 2018 was passed in the Seanad  on Tuesday night. The new definition for substantial refurbishment will make it difficult if not impossible to change the rent after a substantial refurbishment. There is also no stop on the penalties that will be introduced for late registration when annual registration is introduced. The Bill is expected to be signed by the President by the end of this week. Not all of the legislation will be commenced immediately but the expectation is the following will be commenced early June:- Increased timelines for termination Changes to the
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Categories: Landlord Legislation, News, and Substantial Refurbishment Rules.

Anti-Landlord Legislation, Unbalanced and Unfair

Anti-Landlord Legislation which is unfair and not balanced and Unreasonable Taxation will do nothing to improve the devastating supply of accommodation to the rental market. This was the key message strongly put forward by IPOA Information Officer, Margaret McCormick on yesterday’s Newstalk (The Hard Shoulder , 13th May 2019) Click HERE to listen back – (Margaret features at 1 Hour 13 Minutes)
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Categories: Landlord Legislation and News.