Document background
A Letter Of Intent To Raise Rent is a formal document used in the Irish residential rental market to initiate the rent review process. This document is required under Irish law when a landlord intends to increase the rent of a residential property. It must be served with at least 90 days' notice before the increase takes effect and must comply with various regulations, particularly in Rent Pressure Zones (RPZs) where rent increases are strictly controlled. The letter must include specific details such as the current rent, proposed new rent, effective date, and any justifications for the increase. It's particularly important in the context of Irish rental law, which has become increasingly regulated to protect tenant rights while ensuring landlords can maintain fair market returns. The document serves as both a legal notice and a formal record of the proposed changes to the tenancy terms.
