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Rent increase notice

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  • 12-02-2018 2:08pm
    #1
    Johnny Wilcox
    Registered Users Posts: 18 ✭


    Hello,
    My tenant signed a 6 month rental agreement on 5th April 2016. I did not get them to sign a new contract upon expiry of this 6 month lease.

    According to the RTB website, a rent increase can only take place once every 24 months and must be given in writing 90 days before the increase is due to take effect.

    Do I have to wait until 24 months elapses (i.e. 5th April 2018) before I can give them the 90 days notice or can I give them notice now?
    The property is not in a Rent Pressure Zone.

    Thanks
    Tagged:


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    #2
    Fian
    Registered Users Posts: 2,192 ✭✭✭Fian


    Johnny Wilcox wrote: »
    Hello,
    My tenant signed a 6 month rental agreement on 5th April 2016. I did not get them to sign a new contract upon expiry of this 6 month lease.

    According to the RTB website, a rent increase can only take place once every 24 months and must be given in writing 90 days before the increase is due to take effect.

    Do I have to wait until 24 months elapses (i.e. 5th April 2018) before I can give them the 90 days notice or can I give them notice now?
    The property is not in a Rent Pressure Zone.

    Thanks

    you must wait until 24 months have elapsed & then give them a further 90 days notice before rent increase comes into effect.


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    #3
    Johnny Wilcox
    Registered Users Posts: 18 ✭Johnny Wilcox


    Fian wrote: »
    you must wait until 24 months have elapsed & then give them a further 90 days notice before rent increase comes into effect.

    Thanks for clarifying that for me Fian.

    Best regards.


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    #4
    Fian
    Registered Users Posts: 2,192 ✭✭✭Fian


    I should also really have linked this:

    https://onestopshop.rtb.ie/during-a-tenancy/sample-notices-of-rent-review/


    You should use this template to notify your tenants.

    Note you will need to collect examples of comparable advertised tenancies in the four weeks prior to serving your rent review notice.


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    #5
    sublime1
    Registered Users Posts: 110 ✭✭sublime1


    Fian wrote: »
    I should also really have linked this:

    https://onestopshop.rtb.ie/during-a-tenancy/sample-notices-of-rent-review/


    You should use this template to notify your tenants.

    Note you will need to collect examples of comparable advertised tenancies in the four weeks prior to serving your rent review notice.

    What is the format for the examples of comparable advertised tenancies? I've noticed that adverts on Daft disappear as soon as they have been filled. Is it sufficient to print out the Daft advert?

    Thanks


  • Options
    #6
    GGTrek
    Registered Users Posts: 834 ✭✭✭GGTrek


    sublime1 wrote: »
    Fian wrote: »
    I should also really have linked this:

    https://onestopshop.rtb.ie/during-a-tenancy/sample-notices-of-rent-review/


    You should use this template to notify your tenants.

    Note you will need to collect examples of comparable advertised tenancies in the four weeks prior to serving your rent review notice.

    What is the format for the examples of comparable advertised tenancies? I've noticed that adverts on Daft disappear as soon as they have been filled. Is it sufficient to print out the Daft advert?

    Thanks
    I replied to almost the same question 5 days ago in this same forum, please check this post:
    https://www.boards.ie/b/thread/2057842447#106175128


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    #7
    sublime1
    Registered Users Posts: 110 ✭✭sublime1


    GGTrek wrote: »
    I replied to almost the same question 5 days ago in this same forum, please check this post:
    https://www.boards.ie/b/thread/2057842447#106175128

    Thanks, would appreciate your input on a question I asked here too https://www.boards.ie/vbulletin/showthread.php?p=106223021#post106223021


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