Are landlords really leaving the market? Cork residents claim thousands failing to register

📆 11/08/2023 19:22:00
📰 NewstalkFM

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A Cork residents' association thinks as much as a third of landlords in their local area are unregistered.

A residents' association has said that far from leaving the market in their droves, many landlords are in fact just not registered with the Residential Tenancies Board.

If they do not do so, they could face a €4,000 fine and could be sentenced to up to six months in prison.Despite this, Magazine Road Residents Association Chairperson Catherine Clancy feels many in Cork City are flouting the law and not fulfilling their legal obligations. In 2022, they carried out the survey again and found 99 out of 300 were still unregistered. Furthermore, 60 properties that were unregistered in 2017 remained unregistered.

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