The Residential Tenancies (Amendment) Act 2019
The Residential Tenancies Amendment Act implements the latest raft of changes affecting Landlords and Tenant and people who rent properties in Ireland. The Act was signed into law on the 31st May 2019. A lot of the changes take effect from the 4th June 2019. Other amendments will be introduced on a phased basis over the coming weeks and months.
A summary of the changes affecting the letting of properties as of the 4th June are:
- New Notice of Termination Obligations and Procedures
- New Notice Periods for ending a tenancy
- Introduction of Remedial Notices (Landlords can fix defects in original notice of termination with further 28 days notice)
- Changes to Rent Pressure Zone exemptions
- New criteria to designate Rent Pressure Zones
- Extension of designated Rent Pressure Zones until 2021
- Extension of rent certainty measures
Upcoming changes due to be implemented are:
- Increase in the investigations and sanctions powers of the residential tenancies Board (July 2019)
- Regulations affecting Student Specific Accommodation (commencement date awaited)
- Annual Registration of Tenancies (expected Q1 2020)
Of most immediate impact is the increase in the notice period for termination of leases and letting agreements, from 4th June 2019 set as follows:
- Not less than 6 months but less than 1year, 90 days
- Not less than 1year but less than 3 years, 120 days
- Not less than 3 years but less than 7 years 180 days
- Not less than 7 years but less than 8 years 196 days
- Not less than 8 years 224 days
At M.P. Moloney solicitors we specialise in law of property in Ireland. We pride ourselves on our ability to protect our Client’s interests fully. Our service is personable and our Dublin city centre solicitors offices are welcoming.
Contact:
Martin Moloney
E:info@mpmoloney.ie