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cash for keys

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  • 23-01-2021 5:03pm
    #1
    beaufoy
    Registered Users Posts: 324 ✭✭


    If I pay my tenants to get out will I be able to sell the apt...will I be able to rent it out at the market value


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    #2
    Caranica
    Registered Users Posts: 10,012 ✭✭✭✭Caranica


    beaufoy wrote: »
    If I pay my tenants to get out will I be able to sell the apt...will I be able to rent it out at the market value

    Yes sell, no to rent increase if over the cap.


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    #3
    Del2005
    Registered Users Posts: 18,877 ✭✭✭✭Del2005


    Just because you paid them to leave early doesn't mean that they can't lodge a complaint with the RTB about incorrect notice, they will get even move from you then.


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    #4
    Dav010
    Registered Users Posts: 14,019 ✭✭✭✭Dav010


    beaufoy wrote: »
    If I pay my tenants to get out will I be able to sell the apt...will I be able to rent it out at the market value

    If your apartment is in a RPZ, you will be limited by the legislation in the amount you can increase the rent. 4% max increase if your last rent review was a year ago, the RTB site has a calculator that you can use to see how much you can raise it if last rent review was more than 12 months ago.

    You can sell it if you have vacant possession, so yes you can sell if they leave, voluntarily/legally.

    There have been reports on boards of LLs paying up to €10k to get rid of a tenant.


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