Residential Tenancies (Amendment) Act 2019 and pre-63 residential properties
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2019-08Access:
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Ireland. Department of Housing, Planning and Local Government, 'Residential Tenancies (Amendment) Act 2019 and pre-63 residential properties', [other], Department of Housing, Planning and Local Government, 2019-08Download Item:
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Concerns have been raised regarding the impact that the Residential Tenancies (Amendment) Act 2019 provisions in relation to a substantial change in the nature of the accommodation provided will have on the viability of modernising residential properties that qualify for “Pre 63” planning exemptions. Residential properties that undergo modernisation that meets the “substantial change” definition are exempted for the first subsequent rent setting, from the 4% per annum rent increase restriction in Rent Pressure Zones. This document sets out at section (2) below the amendments to the substantial change definition in the Act to enable a landlord to qualify for an exemption from the RPZ rent increase restriction. At section (3) below “Pre 63” planning designations are explained. In Section (4) below details the exemption from RPZ rent increase restrictions which can be availed of if a property has not been available for rent in the preceding two years.Corporate name:
Ireland. Department of Housing, Planning and Local GovernmentPublisher:
Department of Housing, Planning and Local GovernmentType of material:
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Residential propertiesMetadata
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