In a bid to curb widespread non-compliance with tenant registration requirements, the Residential Tenancies Board in Ireland has announced the reinstatement of fines for landlords who fail to register tenants’ details on time. The penalty, removed a year ago, will be reintroduced effective March 1, imposing a monthly fine of 10 euros for non-compliance.
The board emphasized that the alarming number of house owners defaulting on tenant registrations and pending registrations has necessitated this measure. Landlords are urged to adhere to the deadline to avoid financial consequences.
Under the new regulations, landlords who neglect to register tenant details will face a monthly penalty. Additionally, failure to renew annual registration by the stipulated date will also result in fines. However, the board clarified that cases not registered before March 1 will not be penalized retroactively.
This move aims to streamline the registration process, ensuring that landlords fulfill their legal obligations promptly. The penalties are designed to incentivize compliance and enhance accountability within the rental sector.
As the fine implementation approaches, landlords are encouraged to prioritize timely registration to avoid potential financial repercussions.