IPAV PROPOSES A SINGLE RENT PRESSURE ZONE FOR ENTIRE COUNTRY

The Minister for Housing, Planning & Local Government, Eoghan Murphy, published a Heads of Residential Tenancies (Amendment) Bill.

This amended Bill details some of the following:

  • Providing powers to the RTB to investigate and sanction landlords who engage in improper conduct including non-compliance with rent increase restrictions in Rent Pressure Zones (RPZ’s).
  • A Sanction could cost a landlord who is in breach up to €30,000 and a written caution (a financial penalty of up to €15,000; payment of RTB investigation costs of up to €15,000).
  • Requiring the annual registration of tenancies with the RTB.
  • Allowing the RTB to initiate an investigation without the need for a complaint to be made.
  • Allowing the publication of RTB determinations in respect of any dispute.