Document background
The Renew Rental Agreement is a crucial document used when parties wish to extend an existing tenancy arrangement in Ireland. It's typically employed when the initial lease period is approaching its end and both parties agree to continue the rental relationship. The document must comply with Irish legislation, particularly the Residential Tenancies Act 2004 (as amended) and consider specific requirements for rent pressure zones if applicable. It includes updated terms such as the new rental period, any rent adjustments (subject to legal restrictions), and modifications to the original agreement while maintaining all other existing terms. This document is essential for maintaining legal compliance, protecting both parties' rights, and ensuring proper registration with the Residential Tenancies Board.
