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ARTICLE · 02 AUGUST 2024

Real Estate Update – July 2024

Arthur Cox
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The Residential Tenancies (Amendment) Act 2024 was signed into law by the President on 12 July 2024. The Act will only apply to student-specific accommodation...

IrelandReal Estate and Construction
Simon Hannigan
Simon Hannigan
Brian O'Rourke
Brian O'Rourke
Deidre Sheehan
Deidre Sheehan
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PRS, Student Accommodation and Housing

Legislation Enacted Banning Student Accommodation Contracts Exceeding 41 Weeks

The Residential Tenancies (Amendment) Act 2024 was signed into law by the President on 12 July 2024. The Act will only apply to student-specific accommodation tenancies and licences created after the legislation is commenced. The Minister for Housing, Local Government and Heritage, Darragh O'Brien, is expected to issue a commencement order shortly. We consider the Bill's provisions in more detail here.

During the Seanad Éireann debate on this bill, the Minister of State at the Department of Housing, Local Government and Heritage, Malcolm Noonan, stated that the Government is developing policy responses to stimulate the supply of additional accommodation, including the activation of projects with planning permission in the immediate term and the development of programmes for delivery of new accommodation through a standardised design process.

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This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

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