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 includes both licences and tenancies.
- Annual Registration of tenancies will come into force in 2020. CLICK HERE for more information.
- New rules and criteria for RPZ exemptions
– new definition for what qualifies for a substantial change definition. CLICK HERE for detail.
– change to definition of new dwellings exemption, such that it will now only apply to the first rent review rather than the whole of a designation.
- Changes to criteria for designation of RPZs, which has resulted in some new designations being made over the past couple of months. CLICK HERE to view newly designated areas.
- The extension of the designation of all existing RPZs to the end of 2021.
- The rent certainty measures which restricted rent reviews outside of RPZs to taking place every 2 years, are also be extended until end of 2021.
- Changes to notice periods for termination, and some changes to the procedures. CLICK HERE for new notice periods.
- Introduction of provision for remedial notice of 28 days to be served by the landlord if a notice of termination is found to be invalid at Adjudication/Tribunal where there is no material impact on the tenant and the tenant has already had the benefit of the full notice period.
Still unsure about this legislation? Submit your query to us @ email@example.com