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Lease renewal

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  • 29-08-2014 9:41pm
    #1
    Greenmachine
    Registered Users Posts: 5,063 ✭✭✭


    Have a missed call my EA. I have been renting a place since May 2013. The voice-mail said that my lease was up for renewal. I am cynical of the possibility of an increase in rent or indeed signing a new lease. The place I am in is basically a shoebox and the idea of being stuck here another 12 months would drive me crazy.

    My questions are do I need to sign a lease to remain in the property. Can I remain in Part IV without signing a new lease, does a change in rent require me to sign a new lease?


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    #2
    Cheshire Cat
    Registered Users Posts: 2,277 ✭✭✭Cheshire Cat


    Do I need to sign a lease to remain in the property: No

    Can I remain in Part IV without signing a new lease: Yes

    Does a change in rent require me to sign a new lease: No


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    #3
    shruikan2553
    Closed Accounts Posts: 6,113 ✭✭✭shruikan2553


    You don't have to sign a new lease no matter what they do about the rent. If you sign a lease at the current amount then you are safe until the end of the lease. If they up the rent then there's not much point signing a lease.


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    #4
    irlirishkev
    Registered Users Posts: 2,505 ✭✭✭irlirishkev


    shruikan2553 wrote: »
    If you sign a lease at the current amount then you are safe until the end of the lease.

    Also, rent can only be increased once every 12months, so even if you sign a lease for say, 6months, the rent can't be increased at the end of that.


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    #5
    Greenmachine
    Registered Users Posts: 5,063 ✭✭✭Greenmachine


    Thanks for all the replies.
    Will contact the EA next week and see what they have to say.


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