Hi all,
I've a question about the rent review process and when notice should be sent to the tenants.
Tenants moved into my apartment on Aug 1 2021 paying €1450 per month, with the expiring on July 31 2022. My intention is to increase by 2%. I've been looking at the RTB site to see what I need to do to inform the tenants of the new rent.
I need to fill out this form as part of the process: https://www.rtb.ie/images/uploads/f..._of_New_Rent_RTB_(Revised_Dec_2021)_Final.pdf.
Towards the bottom of the second page is says "This Notice of Rent Review must be served by the Landlord on the Tenant(s) at least 90 days before the new rent becomes payable. There are also restrictions on how frequently rent reviews can take place – once every 12 months for tenancies located in RPZs and every 24 months for tenancies located outside RPZs. For more details on rent reviews and to find out if your tenancy is in a RPZ, visit www.rtb.ie ".
Does this mean that I should have issued this notice at the end of April?
If I issue it today, does it mean that the new rent won't come into effect until 90 days from now?
Thanks!
I've a question about the rent review process and when notice should be sent to the tenants.
Tenants moved into my apartment on Aug 1 2021 paying €1450 per month, with the expiring on July 31 2022. My intention is to increase by 2%. I've been looking at the RTB site to see what I need to do to inform the tenants of the new rent.
I need to fill out this form as part of the process: https://www.rtb.ie/images/uploads/f..._of_New_Rent_RTB_(Revised_Dec_2021)_Final.pdf.
Towards the bottom of the second page is says "This Notice of Rent Review must be served by the Landlord on the Tenant(s) at least 90 days before the new rent becomes payable. There are also restrictions on how frequently rent reviews can take place – once every 12 months for tenancies located in RPZs and every 24 months for tenancies located outside RPZs. For more details on rent reviews and to find out if your tenancy is in a RPZ, visit www.rtb.ie ".
Does this mean that I should have issued this notice at the end of April?
If I issue it today, does it mean that the new rent won't come into effect until 90 days from now?
Thanks!