Why would my landlord send me a new 1 year tenancy agreement

KurtBarlow

Ive been renting a 1 bed apartment in waterford for the past 8 years . In the post my landlord has just sent me a copy a new 1 year tenancy agreement with a copy for me and a copy for them which they want me to sign and send back . I just want to be careful but I agree to sign and send back

whomitconcerns

You don't need to sign anything, but you can only gain rights from signing, he can't make you sign away your statutory rights. Maybe they have just made a big investment and want to be sure you will stay for at least the next 12 months?

SharkMX

https://www.boards.ie/discussion/2058352665/why-would-my-landlord-send-me-a-new-1-year-tenancy-agreement

Because hes a fool. He gets nothing that can be enforced out of a new lease. You do. Does he have an agent maybe that are trying to add an extra charge to your landlord by doing up a pointless new lease?

Ezeoul

Maybe he never registered the tenancy properly before, and is now formalising everything?

KurtBarlow

But am I locked in for a year if I sign it

AlanG

When you get insurance on an investment property one of the requirements is that you have a rental contract. Try an online application and you will see it is a requirement.

While it is overlooked in many cases it could cause problems if there is a claim. This is the most likely reason for the contract. It really places no extra burden on you as you have lots of rights already.

ted1

https://www.boards.ie/discussion/comment/122170636#Comment_122170636

your notice period is already 112 days

dennyk

As you currently have Part 4 rights, you're under no obligation to sign a new fixed term lease if you don't want to. Your landlord can't end your tenancy just because you decline. If you don't have a fixed term lease, however, your landlord could end the tenancy for a valid reason under Part 4. They would have to give you 224 days notice if you're in the property for over 8 years, though, so you don't really gain much security yourself from signing a one-year fixed term lease.

Claw Hammer

The landlord might not have registered the property and wants to fix things up.

Yeah Right

https://www.boards.ie/discussion/comment/122170636#Comment_122170636

Yes, but not really.

You're agreeing to rent the place for a year. If you need to leave during that year, you can ask to reassign the lease (you'll find another tenant to take over the lease). If he refuses, which they all do because it's not in their interests for a soon-to-be-departing tenant to stick any old lunatic into their property, you can leave without penalty.

Essentially, it's all positive for you.