Renting
/ Letting in Ireland
By
Philip
Suter
Private
Residential Tenancies Board of Ireland
On
the 1st December 2004 the Residential Tenancies Act 2004 came into full effect.
The act includes a requirement for Landlords to register their tenancies and introduced
new procedures for resolving disputes.
The
Private Residential Tenancies Board (PRTB) is an organisation that has
been set up by the Government. Its main role is to provide a dispute resolution
service for landlords and tenants. The mediator helps landlords and tenants to
come to an agreement that works for both of them. The PRTB is als0 responsible
for tenancy registration and from September 2004 all landlords have had to register
new tenancies with the board. Disputes will be arbitrated by this body rather
than the courts.
Registration:
There are currently over 140,000 Landlords in Ireland and they have to register
their tenancies.
All
existing tenancies should have been registered with the PRTB by the 1st December
2004.
All
new tenancies must be registered within one month. Landlords must also inform
the board if they replace one tenant with another or if they change the rent within
one month of the changes being made.
The
PTRB is going to rigorously pursue compliance by Landlords with the registration
requirement. If they do not register, on conviction could receive a, fine of up
to €3,000 or 6 months imprisonment. Once the tenancy has been registered a Tenant
and landlord will be issued with a registration number by the PTRB.
More
information at http://www.jml-property-insurance.co.uk
Philip
Suter is a Director of JML Property Services http://www.jml-property-insurance.co.uk
a UK based company offering Insurance products on line and a holiday home advertising
service and management training with in the uk. He is a very experienced property
consultant with over 30 years work in the Residential letting business and served
in the national council of ARLA. He is a Fellow of the National Association of
Estate Agents (NAEA) and a Member of The association of Residential Letting Agents
(ARLA)
Article
Source: http://EzineArticles.com/?expert=Philip_Suter
N.B.
This information should not be relied on for accuracy and is presented here without
the responsibility of jml Property Service and the website it is being displayed
at. ©jml property Services 06-06
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