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Increasing rent twice in a year

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  • 21-04-2016 11:41pm
    #1
    tuisginideach
    Registered Users Posts: 2,067 ✭✭✭


    Scenario: Tenant in situ almost 3 years @ €1000 p.m.; valid notification of rent increase (1st since tenancy began 3 yrs previously) given - new rent €1200 p.m.. Tenant pays increased rent for a few months. Tenant gives valid notice to move out. Tenant moves out. Property is re-let. Can it be re-let to the new tenants at a higher rent again i.e. €1400 p.m.?


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    #2
    Giblet
    Registered Users Posts: 11,980 ✭✭✭✭Giblet


    Yep!


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    #3
    deco nate
    Closed Accounts Posts: 9,340 ✭✭✭deco nate


    tuisginideach wrote: »
    Scenario: Tenant in situ almost 3 years @ €1000 p.m.; valid notification of rent increase (1st since tenancy began 3 yrs previously) given - new rent €1200 p.m.. Tenant pays increased rent for a few months. Tenant gives valid notice to move out. Tenant moves out. Property is re-let. Can it be re-let to the new tenants at a higher rent again i.e. €1400 p.m.?
    YES cos the old tenants have left. Supply and demand takes over


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    #4
    tuisginideach
    Registered Users Posts: 2,067 ✭✭✭tuisginideach


    And one further question - apart from the need to give 90 days notice of a rent increase, is there an obligatory formula for informing the tenant (in the same way that a Notice to terminate must have names, dates, reason, go to PRTB if unhappy etc etc etc)


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    #5
    newacc2015
    Closed Accounts Posts: 2,379 ✭✭✭newacc2015


    tuisginideach wrote: »
    And one further question - apart from the need to give 90 days notice of a rent increase, is there an obligatory formula for informing the tenant (in the same way that a Notice to terminate must have names, dates, reason, go to PRTB if unhappy etc etc etc)

    No you dont need to tell them they can go to the PRTB. You do need to ensure that the 90 days starts on the date after the notice ie the 90 days cant include the day you handed the notice to them. Otherwise the notice will be invalid


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    #6
    tuisginideach
    Registered Users Posts: 2,067 ✭✭✭tuisginideach


    Thanks very much to you all.


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    #7
    Zauka
    Registered Users Posts: 38 ✭Zauka


    My story very similar. Landlord increased the rent 200 euro per month (total paid 1200 euro). Had no option just to leave the apartment. At a moment the landlord advertise same apartment for 1350 euro.


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    #8
    Baby01032012
    Registered Users Posts: 1,622 ✭✭✭Baby01032012


    Zauka wrote: »
    My story very similar. Landlord increased the rent 200 euro per month (total paid 1200 euro). Had no option just to leave the apartment. At a moment the landlord advertise same apartment for 1350 euro.

    Doesn't seem to be any issue with this scenario. As long as landlord hadn't increased it within 2 years he is entitled to put it up to market rent which in this case is 1350 if that is what new tenants are Willing to pay.


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