Archives for Property Management

Changes to the Residential Tenancies Act For The Duration Of The Covid-19 Crisis

Emergency Measures in the Public Interest (Covid-19) Act 2020 was signed into law on the 27th March.  It includes changes to the Residential Tenancies Act, for the duration of the Covid-19 emergency.  A copy of the Act is available for review HERE   Emergency Period The emergency is defined as the period of three months commencing on the 27th March 2020, and that period can be increased if necessary, to extend the emergency period for such period as they consider appropriate, having regard to— (i) the threat to public health presented by Covid-19, (ii) the highly contagious nature of that
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Categories: Landlord Legislation, News, and Property Management.

What Can Landlords Do During Coronavirus?

  Keep informed and ensure communication with your tenants, direct your tenants to the HSE website for live updates on the coronavirus. https://www2.hse.ie/conditions/coronavirus/coronavirus.html   If your tenant has lost their job direct them immediately to the Department of Social Protection website to apply for rent supplement.  Complete any forms for them as quickly as possible. https://www.gov.ie/en/organisation/department-of-employment-affairs-and-social-protection/ . Rent is a contractual obligation; it must be paid.   It will take time for applications to be processed by the Department of Social Protection and forbearance will be required during this time. Landlords and tenants are free to decide on arrangements that suit them.
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Categories: News, Property Management, and Uncategorized.

IPOA UPDATE – CORONAVIRUS

23rd March 2020 As landlords are aware Covid 19 has placed us in a crisis situation.    IPOA are aware that our members and their tenants are anxious and the situation lacks clarity.  The Association has been liaising with Minister Murphy to ensure your issues are understood and the measures put in place are workable for our members.  IPOA made it clear that a rental payment holiday is not workable and that it is the obligation of the State to assist tenants when their income has been reduced or withdrawn.   Outlined below are a number of clarifications you may
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Categories: News and Property Management.

RTB Sanction & Investigation

A number of changes were introduced to the legislation governing the residential landlord and tenant relationship, these changes  increased the obligations and the potential liability of residential landlords. In addition to changing the law, the 2019 Act also introduced a new complaints, investigations and sanctions procedure. This is a new function of the Residential Tenancies Board (RTB) which means the RTB are now in a position to impose penalties on landlords who are found to have committed improper conduct.   What constitutes improper conduct? Failure to comply with the Rent Pressure Zone (RPZ) requirements. This occurs by increasing rent by
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Categories: Landlord Legislation, News, Property Management, RTB and Dispute Resolution, and Uncategorized.

10 Things Landlords Should Know About Rent Pressure Zones

1. Rent Pressure Zones (RPZs) limit the amount of rent in exsiting tenancies as well as new tenancies. 2. RPZs use deisignated Local Electoral areas; to check if your property is in a RPZ input your property address into the RTB Calculator. 3. There is a prescript formula to calculate the rent. R x (1 +0.04 x t/m) R= The last rent set under a tenancy. t = The number of months between the date the current rent came into effect and the date the new rent will come into to effect. m = 12 or 24 4. RPZs commenced
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Categories: Property Management, Rent Increases, Rent Pressure Zone, and Uncategorized.

Do You Know What A Part 4 Tenancy Is?

Under the Residential Tenancies Act once a tenant is in your property for more than 6 months, they acquire a Part 4 tenancy.   A Part 4 tenancy is either a 4-year cycle or a 6-year cycle dependant on when the tenancy commenced.   If the tenancy started on or before 24 December 2016, this is a 4-year cycle. If the tenancy started after 24 December 2016, this is a 6-year cycle.   Once the tenant is in your property 6 months,  a Part 4 tenancy entitles the tenant to remain in your property for a further 3.5 years in
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Categories: Property Management and Uncategorized.

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.