The Residential Tenancies (Amendment) Act 2021 (the
“Act”) was enacted by President
Higgins on 11 December 2021, providing for an amended cap on rent
increases in rent pressure zones
(“RPZs”) and the introduction of
tenancies of indefinite duration. New fee arrangements in respect
of certain registrations were also introduced on a temporary
basis.
Rent Calculation and Rent Increases
Following on from recent changes over a number of Acts in 2020
and 2021, the Residential Tenancies (Amendment) Act 2021 further
amends Section 19 of the Residential Tenancies Act 2004 (the
“2004 Act”) by replacing the cap on
rent increases in RPZs so that increases are now limited to the
rate of inflation or 2% per annum, whichever is lower.