The Avondhu

Tenancies must now be registered annually with the RTB

-

The Residentia­l Tenancies Board (RTB) have this week announced that all landlords must register each tenancy with the RTB every year, commencing from 4 April. This must be completed within one month of the anniversar­y of when the tenancy began.

Landlords of private rented accommodat­ion, social housing provided by Approved Housing Bodies (AHBs) and landlords of Student Specific Accommodat­ion (SSA) have always been required to register their tenancies with the RTB within one month of a tenancy starting. Previously, tenancies were only required to be re-registered if a tenancy continued into a ‘Further Part 4’ tenancy.

With the introducti­on of annual registrati­on, the RTB’s online registrati­on system will notify landlords in advance of the yearly anniversar­y of when the tenancy started, to ensure they register on time and, thereby, avoid late fees. It is important to note that reminder notices will be issued to the existing correspond­ence details held and landlords must ensure that they keep their details up to date with the RTB.

There is a temporary registrati­on fee waiver to those landlords who will have to register a ‘ Further Part Four’ tenancy. Tenancies that have a duration longer than six months are called ‘Part Four’ tenancies. Up to now in Ireland, tenancies either had a duration of four or six years, depending on when the tenancy started (tenancies which started after 24 December 2016 have a duration of six years).

ONLINE RESOURCES

The RTB has created several online resources, including webpages, FAQs and ‘how to’ guides to help landlords understand what is required with annual registrati­on. Landlords can find more informatio­n about how to register annually on the RTB website at www.rtb.ie/ annual-registrati­on.

The cost to register tenancies will be €40 per year for private rentals, cost rentals and Student Specific Accommodat­ion (SSA) rentals. The yearly fee for tenancies managed by Approved Housing Bodies (AHBs) will be €20 per year. There will be a fee waiver for those landlords who currently have a ‘ Further Part 4’ tenancy in place.

To further assist landlords in this changeover to annual registrati­on, there will be a fourmonth transition period for tenancies which have renewal anniversar­ies between 4 April and 3 July 2022. This transition period ends on 3 August 2022.

A core statutory function of the RTB is to ensure that what should be registered is registered. It is important to note this new law also introduces a new “late fee” structure. This means that as from 4 August 2022, late fees will accumulate for every month that a landlord is late in registerin­g a tenancy.

Once the fourmonth transition period expires, landlords who do not register annually will incur late fees of €10 for every month the registrati­on fee is late (for private, cost rental and SSA rentals) and €5 per month for AHB tenancies. If late fees are not paid, landlords could incur a fine of €4,000 and/or civil sanctions of up to €15,000 plus costs of up to €15,000.

Newspapers in English

Newspapers from Ireland