Property Management

Landlords – Know The Difference Between Subletting; An Assignment and A Licensee?

Licensing arrangements in private rented accommodation are often confused with sub-lettings and assignments. There is a difference between the above mentioned and it is important that landlords know the distinction. The main difference is that when a tenant assigns or sublets the rental accommodation, they no longer live in it. However, if a tenant takes in a licensee, the licensee shares the accommodation with the tenant. As landlord you are responsible for your property and you have obligations to your tenants, it is vital that you are aware who is residing in your property. Subletting – is where a tenant
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Categories: Property Management.

Fire Safety In Rental Accommodation

Frighteningly, in as little as 3 minutes a person can die of smoke inhalation.   Landlords please be aware of your responsibilities in relation to fire safety and to ensure that your properties are fully compliant with the fire safety standards and regulations applicable to rental properties. Information on the requirements for fire safety can be found in the Housing (Standards for Rented Houses) Regulations  Specifically landlords must ensure: There is a suitable self-contained fire detection and alarm system in each house. There is a suitably located fire blanket. That each self-contained house in a multi-unit building shall contain a suitable
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Categories: First Time Landlord, Property Management, and Uncategorized.

Has Your Rental Property Been Inspected?

As a landlord you have a legal obligation to ensure that your rental home meets certain minimum physical standards. Local authorities are responsible for carrying out inspections on rental accommodation and enforcing the minimum standards. These standards are set out in the Housing (Standards for Rented Houses) Regulations  In general, the standards apply to dwellings rented from private landlords, local authorities and approved housing bodies. However, they do not apply to holiday homes or to communal housing being let by the Health Service Executive or an approved body. The regulations specify requirements in relation to: Structural Condition Sanitary Facilities Heating Facilities Food Preparation
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Categories: Landlord Legislation, Property Management, and Uncategorized.

Student Specific Accommodation

It is important that landlords are aware of recent changes to legislation in relation to Student-Specific Accommodation (SSA). This includes purpose built student accommodation and accommodation that is let for the sole purpose of providing accommodation to students during the academic year. The legislation clarifies that Student-Specific Accommodation provided by the private sector is within the jurisdiction of the RTB, regardless of whether there is a lease or license agreement in place. What Do These Changes Mean for Landlords? If you provide accommodation to students under a license agreement after 15th August 2019 you must register with the RTB. Student
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Categories: Landlord Legislation, News, Property Management, RTB and Dispute Resolution, and Uncategorized.

Landlords Know The Changes To The Landlord Legislation

Changes to the Residential Tenancies Act have came into force over the past couple of months – still to come into effect is the RTB Annual Registration expected in quarter 1 2020. It is vitally important that ALL landlords know about these changes and how they will impact you and your business. The new legislation provides for; New Investigations and Sanctions powers to empower the RTB to proactively regulate non- registration of tenancies, possible breaches of the RPZ rules and possible abuse of notices of termination grounds.   Student Specific Accommodation is now under the remit of the RTB – This
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Categories: Landlord Legislation, Property Management, and Uncategorized.

Students Be Vigilant When Renting Accommodation

Every year around this time thousands of students will be offered places in third level educational institutions. This always commences a frantic scramble for rental accommodation.  Unfortunately, the Irish State has not made the provision of private rental accommodation an attractive proposition for investors and there is less rental accommodation available than is required. Students need to be vigilant when renting accommodation.  The IPOA suggest that prospective tenants ask their prospective landlords for confirmation of ownership for the property being rented, e.g. sight of insurance documentation or LPT receipt. By doing this there will be a transparent identification processes in
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Categories: Property Management.

6 Basics Every Lease Agreement Should include

As a landlord your lease (tenancy) agreement is probably one of the most important documents you will use. It is the legal agreement between you and each tenant occupying your property. It outlines the rights and obligations of both parties during the tenancy and should be understood by both parties. A good lease agreement protects the interests of both parties and helps prevent disagreements that could potentially lead to disputes. A sound lease agreement is essential to the effective management of your rental property. It is good practice to put a lease agreement in place outlining the terms and conditions
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Categories: First Time Landlord and Property Management.