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Friendly Rent Increase Letter

Friendly Rent Increase Letter Template for Ireland

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Key Requirements PROMPT example:

Friendly Rent Increase Letter

"I need a Friendly Rent Increase Letter for my Dublin property in a Rent Pressure Zone, proposing a 2% increase effective March 1, 2025, and I want to mention the recent bathroom renovation as justification."

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Document background
The Friendly Rent Increase Letter is a essential document in Irish residential tenancy management, designed to formally communicate rent adjustments while preserving good relations between parties. It must be used when a landlord wishes to increase rent, subject to the 24-month minimum period between reviews under Irish law, and must provide at least 90 days' notice before the increase takes effect. The letter must comply with specific requirements for properties in Rent Pressure Zones (RPZs) and include calculations demonstrating compliance with maximum permitted increases. While maintaining a cordial tone, the document must include all legally mandated information and be served in accordance with the Residential Tenancies Act 2004 and its amendments.
Suggested Sections

1. Date and Address Block: Current date and full contact details of both landlord and tenant

2. Greeting: Professional but friendly salutation to the tenant

3. Property Reference: Clear identification of the rental property address

4. Current Rent Statement: Statement of the current rent amount and payment frequency

5. Proposed Increase: Clear statement of the new proposed rent amount

6. Effective Date: Specification of when the new rent will take effect, ensuring compliance with required notice periods

7. Legal Compliance Statement: Confirmation that the increase complies with relevant legislation and RPZ rules if applicable

8. Closing: Professional closing with invitation to discuss if needed

9. Signature Block: Landlord's signature and contact information

Optional Sections

1. RPZ Calculations: Include if property is in a Rent Pressure Zone, showing calculations proving compliance with maximum allowed increase

2. Property Improvements: Details of any substantial changes or improvements made to the property that justify the increase

3. Market Comparison: Information about comparable rents in the area, if being used to justify the increase

4. Payment Instructions: Include if payment method or details are changing along with the rent increase

5. Previous Communications Reference: Reference to any previous discussions about the rent increase if applicable

Suggested Schedules

1. RTB Rent Increase Calculator Results: Attachment showing official Residential Tenancies Board calculator results for the allowed increase

2. Notice of Rent Review Form: Official form required by the Residential Tenancies Board

3. Property Improvements Documentation: If applicable, documentation of improvements made to justify the increase

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Residential Real Estate

Property Management

Real Estate Services

Property Investment

Private Rental Sector

Student Accommodation

Build-to-Rent

Relevant Teams

Property Management

Residential Leasing

Legal

Tenant Relations

Operations

Asset Management

Administrative Support

Real Estate Operations

Document Management

Housing Administration

Relevant Roles

Property Manager

Landlord

Real Estate Agent

Letting Agent

Property Management Executive

Residential Leasing Manager

Tenant Relations Manager

Real Estate Administrator

Housing Officer

Asset Manager

Property Portfolio Manager

Industries
Residential Tenancies Act 2004: The primary legislation governing residential tenancies in Ireland, including provisions for rent reviews, tenant rights, and landlord obligations
Residential Tenancies (Amendment) Act 2015: Introduced rent pressure zones and restrictions on frequency of rent reviews (cannot be reviewed more than once in 24 months)
Planning and Development (Housing) and Residential Tenancies Act 2016: Further amendments to rent pressure zone regulations and rent increase caps
Residential Tenancies (Amendment) Act 2021: Updated regulations on rent increases, limiting them to general inflation as measured by Harmonised Index of Consumer Prices (HICP)
Equal Status Acts 2000-2018: Ensures that rent increases are applied without discrimination based on protected characteristics
Consumer Protection Act 2007: Ensures transparency and fairness in communications regarding rent increases
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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