Archives for Uncategorized

Storm Damage in Rental Properties – A Landlord’s perspective

  Storm damage is unexpected and in Ireland it is something that is frequently experienced and when the weather takes a turn for the worst, storms can cause havoc. If you experience storm damage in your rented residential or commercial premises you will often be required to carry out emergency storm damage repairs, in order to prevent further damage to the property. In fact your insurance policy claims conditions will insist that you mitigate any further loss. Storm damage is generally structural damage caused by gale force winds which can result in flooding and rain water accessing the property. Unfortunately,
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Categories: Landlord Insurance, Property Management, and Uncategorized.

Social / County Council / Local Authority Housing Insurance

Social Housing is a fast growing facet of the Irish Property sector, provided not only by the state, but also private landlords / property owners, institutional investors and housing bodies / associations provide much needed accommodation to those on housing waiting lists in our country. It is often a challenge to find comprehensive All Risks insurance cover for such privately / institutionally owned properties because it requires expert knowledge of landlord insurance and the needs of local authorities / county councils. Our team has 40 years’ experience in property owners’ insurance and are ready to talk to you now in
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Categories: Landlord Insurance and Uncategorized.

Local Property Tax (LPT) Valuation – Update

You may already have been contacted by Revenue with regards to your Local Property Tax. The next valuation date for Local Property Tax is the 1st November 2021. It is important that Landlords are aware of this –  the valuation of your property on the 1st November will determine the LPT amount to be paid annually from 2022 to 2025. LPT details on Revenue’s website are available HERE. Finance (Local Property Tax) Act 2012 (as amended) click HERE   IPOA – SUPPORTING RESIDENTIAL LANDLORDS CONTACT US 01-8276000 / info@ipoa.ie
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Categories: News and Uncategorized.

Signing – Statutory Declaration

October 2021 Question: I am currently living in the States and want to sell my tenanted house in Cork. Can the required Statutory Declaration be completed by a solicitor outside Ireland?   Response: If you are a Landlord and need to have a Statutory Declaration signed, we understand it has to be completed by a solicitor licensed to practice in Ireland. We are not aware of any exceptions to this.   IPOA – Supporting Landlords For Over 27 Years Contact Us – 01-8276000
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Categories: Uncategorized.

Leak Coming From The Property Above Mine, Is This Covered By Insurance, Who Is Responsible?

September 2021 Question: There was a leak coming from the property above mine, it has caused damage to my ceiling, wooden floors and tenant’s laptop, is this covered by insurance and who is responsible? Response: On the assumption that your property is a rented apartment unit within a management company (OMC) controlled block, there will be a management company Block combined (property and liability) insurance policy (the ‘Block policy’) in place in the normal course, which you as an owner contribute to via your annual management fee and this is paid to date. Your first port of call therefore is
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Categories: Landlord Query of the Week and Uncategorized.

Installing A Smart Meter?

September 2021 Question: One of my tenants would like a smart meter installed in my rental property. Do they need my permission to have this installed?  What are the benefits of agreeing to this for me as Landlord and the Tenant? Is there an installation cost involved? Response: As part of the Climate Action plan, homes across the country are getting Smart Meters installed by ESB Networks free of charge. About 400,000 Smart Meters have been installed to date and every home across Ireland will be offered a Smart Meter over the next three years. The main benefit is that
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Categories: Landlord Query of the Week and Uncategorized.

Have Photographic Evidence – The Burden of Proof Will Be on The Landlord !

September, 2021 Tenancy disputes regarding Deposits remains one of the top of the list for the RTB. At the end of a tenancy, it can be difficult to prove exactly how much damage has been caused to a property or its contents. A detailed inventory can give a good indication between the start and end of tenancy, but it still does not provide that additional proof which may be the difference between winning or loosing a dispute with the RTB. We would suggest that you use photographs together with your written documentation. Not one or the other! Remember – photographs
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Categories: Property Management and Uncategorized.