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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