I recall seeing November mentioned somewhereDoes anybody know when this draft legislation will be published?
I recall seeing November mentioned somewhereDoes anybody know when this draft legislation will be published?
I recall seeing November mentioned somewhereDoes anybody know when this draft legislation will be published?
Again, until we see the legislation, we just won't know.but once again, if there is a negative surprise in the legislation when it comes out and I need to evict tenants, I wonder according to the notice period above, if I would be safe for example giving a tenant a notice of eviction at the end of February 2026 or will the notice have to fall within the correct notice period, so that the tenant would move out before the 1st of March 2026?
No surprise if some of those landlords move to three leases before March to avoid that particular proposal. Less places to rent - how does that help tenants? Also read the minister was consulting the AG about plans for higher and substantial fines for landlords who break rules.- you could be a large landlord with potentially life long tenants if you have one house with four bedrooms and give each tenant an individual lease
Yes, we have 4 investment properties. One of our tenants gave notice a month ago and we didn't even consider re-letting it, as we do not want the risks associated with being a large landlord. The tenants have now vacated and the property is going up for sale shortly. At least now we will only have 3 properties, so won't be tied in to the more restrictive large landlord rules.No surprise if some of those landlords move to three leases before March to avoid that particular proposal. Less places to rent - how does that help tenants? Also read the minister was consulting the AG about plans for higher and substantial fines for landlords who break rules.
Yes, it is pointless taking on the risks that go with being a large landlord for the sake of one additional property.At least now we will only have 3 properties, so won't be tied in to the more restrictive large landlord rules.
Presumably, the landlord will have to tick a box on the registration form and the tenant will be informed accordingly.I still don’t know how a tenant is supposed to know how many properties their landlord owns.
Exactly, it sounds like it could be a big mess for tenants as well as some landlords. I wonder how the RTB will manage the classification register for a landlord with regular tenant/lease changes.Also what happens if the landlord moves from being large to small during a tenancy
I would wait - whether you'll be better off is another story - but at least you'll have more knowledge than you do now.Would we be better off waiting until after March
No clarity at all from government sources. All they issued is a press release back in June which is vague.Basically if a landlord wants to sell with vacant possession do they need to give notice before March 1st or else be forced to wait up to six more years?
It is really unsatisfactory but we won't have a better idea until the draft legislation is published and it seems that will be November.
More things that are not very clear.if the new rules on vacant possession only apply to new tenancies created after March 2026