Archives for Property Management

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.

Short Term Lettings – New Legislation Now In Place For Landlords

New planning legislative reforms to regulate the short-term letting sector came into effect on 1 July 2019. This legislation effects properties within Rent Pressure Zones (RPZs). Short term lettings in areas outside the RPZs are not impacted in any way by the new rules.   What Do These New Rules Mean for The Property Owner?   Property Owners involved in short-term lets or homesharing in a RPZ may require planning permission. This requirement for planning permission only applies to Property Owners in Rent Pressure Zones (RPZs)who: – Let out their entire home (principal private residence) for short-term lets of more
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Categories: Landlord Legislation and Property Management.

Excess Usage Of Water: Update (Irish Water)

8th August 2019 It is important to be abreast of the changing situation around excess usage of water. Irish Water will begin writing to customers shortly who are using in excess of 213,000 litres with advice on conservation and their first fix leak repair programme. Each household will receive an annual allowance for water services and no charges will apply for water services used up to the allowance threshold amount. The default annual allowance is 213,000 litres for households. Households with more than four occupants will be entitled to a higher allowance. All water services used above the allowance threshold
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Categories: News and Property Management.

Presenting a Case to the RTB – Failing to Prepare is Preparing to Fail!

The most important factor to remember when you are presenting a case to the RTB is to BE PREPARED.  Have your paperwork presented in an understandable clear format. Know your facts and ensure that you have evidence as proof of your case.  The devil is in the detail and this could be the difference between winning or loosing your case. Prior To The Hearing You are responsible for submitting evidence in support of your case, you must delete or redact any confidential information from your evidence e.g. your bank account details, addresses, phone numbers. etc. A copy of all evidence
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Categories: Property Management and RTB and Dispute Resolution.

Rent Arrears Procedure and Notices

What Happens If Your Tenant Does Not Pay Rent? A tenant is required to pay their rent in full and on time until the tenancy ends even where a dispute has arisen with the landlord. If rent is not paid it is a breach of the Tenancy Agreement. If there is rent arrears in the first 6 months of a periodic tenancy or a fixed term tenancy with a break clause,  a landlord can serve a 28 day Notice of Termination without giving any reason. If there is a fixed-term tenancy in place (with no break clause) the below two
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Categories: Property Management, Supporting Documents For Landlords, and Uncategorized.