Archives for News

Changes to Notice Periods, Which Will Come Into Effect Shortly.

July 2022   Legislative changes to extend the required termination notice period that tenants must receive (where there has been no breach of tenant obligations) have been passed by both Houses of the Oireachtas. The amendments were made to the Regulation of Providers of Building Works and Miscellaneous Provisions Bill 2022 which will now be sent to the President for early signature. The proposed termination notice periods to be given by landlords where there is no breach of tenant obligations will change as follows: Duration of Tenancy                 Previous  Notice Period   New
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Categories: News, Notice Periods, and Uncategorized.

IPOA – Upcoming Online Course For Landlords

IPOA are pleased to confirm dates for our next online course. We believe that if you are letting a residential property, it is vital you understand the main issues involved. There are many legal obligations required of landlords, failure to meet these may lead to significant fines and possible criminal charges. Our upcoming course is offered online over 8 weeks. Each session is 2 hours in duration and will be delivered on Wednesdays between 12 – 2pm. The course will commence on the 7th of September 2022 – contact info@ipoa.ie for full schedule. The programme takes you through the lettings
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Categories: News.

Tenancies of Unlimited Duration

From 11 June 2022, the Residential Tenancies (Amendment) Act, 2021 amends legislation around Part 4 tenancies and Tenancies of Unlimited Duration come into effect.  It means that, after six months living in a tenancy, the tenant will have a right to remain in the property for an unlimited duration assuming a valid notice of termination has not been served. This is subject to the tenant upholding their rental obligations and the landlord’s right to end the tenancy in accordance with the Residential Tenancies Act 2004 (RTA).   All new tenancies created on or after 11 June 2022 will automatically become Tenancies
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Categories: News and Uncategorized.

Housing Policy Needs to Adjust to Address Market Failures in the Rental Sector

A new study by economist Jim Power and commissioned jointly by the Irish Property Owners’ Association and the Institute of Professional Auctioneers & Valuers has concluded the rental market is in a state of crisis exacerbated with the exit of non-institutional landlords in significant numbers, reducing supply and putting upward pressure on rents. The study finds, amongst other issues, that: The constantly changing and very challenging regulatory and taxation environment that treats private landlords very differently from institutional landlords, is largely responsible for private non-institutional landlords leaving the market RPZs (Rent Pressure Zones) are creating a 2-tier rental market and
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Categories: News.

Fees for RTB Annual Registration

April 2022 Landlords must register tenancies each year on time, otherwise late fees will be payable .   Fees for Annual Registration   Private/Student Specific Accommodation (SSA)/Cost Rental Tenancies     Standard Registration Fee   Application made to the RTB within one month of the tenancy commencement date €40 Additional Late Fee Application made to the RTB more than one month after the tenancy commencement date €10 for every month (part thereof) that registration is late   Composite Registration Fee   A reduced fee in respect of an application made to the RTB, within one month of the earliest tenancy commencement date, to register
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Categories: News, Property Management, and Uncategorized.