ARTICLE
7 July 2022

Residential Tenancies – Annual Registration Requirement

W
Walkers

Contributor

We are a leading international law and professional services firm providing legal, corporate and fiduciary services to global corporations, financial institutions, capital market participants and investment fund managers. With a global presence spanning the Americas, Europe, the Middle East and Asia, we advise on the laws of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland and Jersey. With over sixty years of looking at the world through the same commercial lens as our clients means we deliver focused, clear, precise advice to get the deal done. Clients trust us to help them make good business decisions, create commercially sound products and strategies, resolve disputes and cement deals that are profitable. From offices across geographies, we deliver business-critical advice and service in the same time zones as our clients, covering asset management, investment funds, corporate, M&A, dispute resolution, finance, insurance, fintech, private capital and trusts, regulatory and more
From 4 April 2022 there is a requirement for all landlords, approved housing bodies (AHB) and operators of student specific accommodation (SSA), to register residential tenancies...
Ireland Real Estate and Construction
Walkers are most popular:
  • within Accounting and Audit, Immigration and Insurance topic(s)

From 4 April 2022 there is a requirement for all landlords, approved housing bodies (AHB) and operators of student specific accommodation (SSA), to register residential tenancies, or licences in the case of the SSA, with the Residential Tenancies Board (RTB) on an annual basis. Registration can be made through an online portal on the RTB website or submitted by post. The RTB will send out annual reminders when each tenancy is up for renewal (where contact information is held) but it is the landlord's duty to ensure they are fully compliant. The hope with the introduction of this requirement is that the information collected by the RTB will enable it to better monitor, regulate and support the rental sector.

Registration Dates

All new tenancies or licences are required to be registered with the RTB within one month of the date the tenancy began. Thereafter registration will occur annually within one month of the anniversary of the date the tenancy began and continue for so long as the tenancy or licence exists. The same applies for existing tenancies or licences registered with the RTB, the annual registration date being the anniversary of the date the tenancy began.

There is a four month transition period ending on 3 August 2022 to assist landlords with the change to annual registration. Annual registration fees and late registration fees will apply with reduced fees available for AHBs. Full details can be found on the RTB website.

Updating Tenancy Information

Where there is a change in the rent amount, the landlord is required to notify the RTB within one month of the new rent taking affect. The landlord should also advise the RTB if any tenant details are changing where at least one of the original tenants remains at the property.

There is no fee when providing updates on condition that one of the original tenants is still a party to the tenancy. Where all of the tenants are changing, a new tenancy is created and a new registration application is required.

Resources

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

[View Source]

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More