Residential Tenancies (No 2) Bill 2021

18th June, 2021

The Residential Tenancies (No 2) Bill 2021 has been published, it includes:-

 

  • Upfront payment upon the commencement of a tenancy will be restricted to a total value that does not exceed two months’ rent i.e. a deposit and one month rent in advance.
  • Applies to all tenancies including students residing in student specific accommodation. A student can make a larger upfront payment if they so wish, by way of an opt-out option, but they cannot be forced to do so.
  • The Bill also provides that the notice period to be given by students in respect of student specific accommodation will be limited to a maximum 28 days’ notice.
  • It extends the targeted protections which are in place for those negatively impacted by COVID-19, in arrears and at risk of homelessness.  Subject to the eligible tenant making the necessary declaration they will be protected from rent increases and evictions until January 12th 2022

 

A copy of the Bill can be found here.

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