Does Landlord Insurance Cover Loss Of Rent?

Does Landlord Insurance Cover Loss Of Rent?

April 2022 Question: I am a new investor to the private rented sector – I would like to know does landlord insurance cover loss of rent? Response: If you are a landlord / property owner, a ‘home’ insurance policy may not provide enough cover, so it’s important for you to ensure that you have additional coverage in place to protect yourself against any potential financial loss of income. In the event of a claim for loss or damage caused for example by fire, flood or storm, and where your tenant can no longer reside in the property or leaves, and
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Categories: Landlord Query of the Week and Uncategorized.
Can I rent out a unit that does not contain a bathroom?

Can I rent out a unit that does not contain a bathroom?

April 2022 Question I have property that contains 6 self-contained studios and one unit with a designated bathroom adjacent over the hallway for that unit’s sole use. Can I rent out the unit that does not contain a bathroom?   Response In response to your query, you are not permitted to rent out the unit that does not a bathroom as the bathroom is not contained within the same habitable area of the unit. Please see information from the Housing (Standards for Rented Houses) Regulation 2019   Sanitary Facilities (1) There shall be provided within the same habitable area of
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Categories: Landlord Query of the Week and Uncategorized.
Updating Tenancies

Updating Tenancies

April 2022 If a landlord changes the rent during the year, he or she must provide an update on the new rent to the RTB within one month of the new rent becoming payable (together with an update on any other material changes to the tenancy details registered with the RTB) (section 139 of the RTA 2004). You may update a tenancy registration through the RTB’s online tenancy registration system. You can also submit a tenancy update form. No fee is payable to update the tenancy register during the year.   STRONGER TOGETHER – JOIN IPOA SUPPORTING LANDLORDS FOR 29
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Categories: Property Management.
Fees for RTB Annual Registration

Fees for RTB Annual Registration

April 2022 Landlords must register tenancies each year on time, otherwise late fees will be payable .   Fees for Annual Registration   Private/Student Specific Accommodation (SSA)/Cost Rental Tenancies     Standard Registration Fee   Application made to the RTB within one month of the tenancy commencement date €40 Additional Late Fee Application made to the RTB more than one month after the tenancy commencement date €10 for every month (part thereof) that registration is late   Composite Registration Fee   A reduced fee in respect of an application made to the RTB, within one month of the earliest tenancy commencement date, to register
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Categories: News, Property Management, and Uncategorized.
RTB Annual Registration – Now Law

RTB Annual Registration – Now Law

April 2022 New legislation commenced 4th April 2022 requires landlords to register their tenancies with the RTB every year, within one month of the anniversary of when the tenancy began.   The RTB’s registration system will notify landlords in advance of the yearly anniversary to the address given but we recommend that you put a calendar in place to ensure that you know in advance when it is required.  It is important to note that reminder notices will be issued to the existing correspondence details held and landlords must ensure that they keep their details up to date with the
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Categories: News and Uncategorized.
Equal Treatment Is Essential

Equal Treatment Is Essential

Interesting Piece by Pat Davitt of IPAV – Institute of Professional Auctioneers and Valuers – This Situation Must Be Addressed – Equal Treatment Is Essential. https://www.irishtimes.com/opinion/why-are-private-landlords-selling-up-despite-record-rents-1.4838303     IPOA SUPPORTING LANDLORDS CONTACT US – info@ipoa.ie
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Categories: News.
Date Of Birth / PPS Number When Registering With The RTB?

Date Of Birth / PPS Number When Registering With The RTB?

March 2022 Question: Can you help clarify if I’m obliged as a landlord to provide my date of birth as well as my PPS number in registering with the RTB. I am wondering if it is a legal requirement and how it is covered under GDPR.   Response:  The RTB is a statutory body responsible for (but not limited to) the operation of a national registration system for all residential tenancies, the operation of a dispute resolution service, the provision of both information and policy advice, and completion of research regarding the rental sector. PPS Numbers are used as reliable
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Categories: Landlord Query of the Week.