KNOWLEDGE

The PRTB – A fair deal for Landlords?

If you are a landlord or a landlord's agent, you will no doubt have heard of the PRTB, the entity which was set up to take the place of the courts in Ireland in respect of landlord and tenant disputes. But does the PRTB give landlords a fair deal? What is the balance between landlords and tenants when it comes to the PRTB's practice and procedures and what kinds of penalties...

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Entering into fixed term contracts can be a tricky business !

Picture this: you've just let your property and entered into a fixed term tenancy for, say, 12 months with new tenants.
Wonderful! Peace of mind and a fixed income for the next year means in this current volatile climate you can sleep easy tonight. Think again!

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Obligations of tenants in terminating fixed term leases

Have you ever had a tenant in under a fixed term tenancy (e.g. 12 months), and he or she calls you up to give notice to
leave before the expiration of the fixed term?
Tenants who claim that they are entitled to do so under the legislation are misinformed.

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A Tenant Must Notify A Landlord In Advance If He Wishes To Exercise His Right To A Part 4 Tenancy

Has a tenant tried to put you in your place by telling you that he wants to exercise his right to a part 4 tenancy just a few days before the fixed term of the tenancy is due to come to an end, or even after the end of the term of the lease?

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An easy way to terminate a fixed term lease

As all landlords should be aware, once a tenant is in a property for 6 months they will obtain a statutory right to a four year tenancy, otherwise known as a Part 4 tenancy. Many landlords prefer a fixed term lease, for say 12 months, thereby providing comfort in the knowledge that the rent will be coming for a fixed period and the stress of re-letting is postponed for another 12 months .

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Terminate during the first six months without reason

Did you know that, subject to the condition that there is no fixed term tenancy in place (for example, the tenancy is a monthly tenancy), the landlord or a tenant can terminate a tenancy before the expiration of 6 months for no reason whatsoever and by giving just 28 days notice.

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Management Buyout - The Role of the Legal Advisor

In addition to the appointment of financial advisors, each of the parties to a Management Buyout will require specialised legal advice on a vast array of legal issues and documentation together with professional assistance and legal protection at each stage of the process.

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last modified:2009/08/14