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Rent To Rent Contract Template for Ireland

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Key Requirements PROMPT example:

Rent To Rent Contract

"I need a Rent to Rent Contract for a 10-unit apartment building in Dublin city center, where my company will operate the property as corporate short-term accommodation, with guaranteed monthly payments to the property owner and the agreement to commence in March 2025."

Document background
The Rent To Rent Contract is designed for use in the Irish property market where a property owner wishes to delegate the letting and management of their property to a professional operator. This arrangement is particularly suitable for owners seeking guaranteed rental income without active management involvement, and for operators looking to build a property management business. The document establishes the operator's rights to sublet the property, while maintaining the owner's underlying property rights and ensuring compliance with Irish residential tenancy laws. It includes comprehensive provisions for property maintenance, tenant management, regulatory compliance, and financial arrangements. This agreement type has become increasingly popular in Ireland's dynamic rental market, especially in urban areas where professional property management services are in high demand.
Suggested Sections

1. Parties: Identification of the Property Owner (Landlord) and the Rent to Rent Operator (Middle Tenant)

2. Background: Context of the agreement, including property details and business arrangement overview

3. Definitions: Defined terms used throughout the agreement, including Property, Term, Rent, Operating Period, etc.

4. Grant of Rights: The specific rights granted to the Operator to rent and sub-let the property

5. Term and Renewal: Duration of the agreement and any renewal options

6. Financial Terms: Rent payment details, guaranteed rent amount, payment schedule, and review mechanisms

7. Property Management Obligations: Operator's responsibilities for property maintenance, repairs, and management

8. Subletting Requirements: Conditions and requirements for subletting to end tenants

9. Regulatory Compliance: Obligations regarding RTB registration, housing standards, and other regulatory requirements

10. Insurance Requirements: Required insurance coverage for both property and business operations

11. Property Owner's Covenants: Landlord's obligations and warranties regarding the property

12. Operator's Covenants: Operator's promises and obligations under the agreement

13. Default and Remedies: Consequences of breach and available remedies

14. Termination: Grounds for termination and the termination process

15. Handover Provisions: Requirements for property handover at the end of the agreement

Optional Sections

1. Guarantees: Required when additional security is needed through personal or corporate guarantees

2. Void Periods: Specific provisions for handling periods when the property is not sublet

3. Property Improvement Rights: Include when the Operator is permitted to make improvements to the property

4. Marketing Rights: Specific terms about how the property can be marketed to potential sub-tenants

5. Change of Control: Required when dealing with corporate Operators to address ownership changes

6. Force Majeure: Provisions for unexpected events affecting contract performance

7. Environmental Matters: Include for properties with specific environmental considerations or requirements

8. Planning Permissions: Required when specific use permissions are needed for the intended rental arrangement

Suggested Schedules

1. Property Schedule: Detailed description of the property, including floor plans and photographs

2. Inventory Schedule: List of fixtures, fittings, and furnishings included in the property

3. Rent Schedule: Detailed breakdown of rent payments, including guaranteed amounts and payment dates

4. Maintenance Schedule: Specific maintenance responsibilities and standards

5. Approved Subletting Terms: Template or minimum terms for agreements with sub-tenants

6. Service Level Requirements: Detailed standards for property management and tenant service

7. Condition Report: Initial property condition documentation with photographs

8. Regulatory Compliance Checklist: List of required certificates, registrations, and compliance documents

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



































Clauses






























Relevant Industries

Real Estate

Property Management

Residential Lettings

Property Investment

Housing Services

Property Development

Serviced Accommodation

Student Housing

Corporate Housing

Relevant Teams

Legal

Property Management

Operations

Asset Management

Compliance

Risk Management

Business Development

Facilities Management

Contract Administration

Property Acquisitions

Property Services

Tenant Relations

Relevant Roles

Property Manager

Real Estate Investment Manager

Operations Director

Property Portfolio Manager

Lettings Manager

Asset Manager

Compliance Officer

Property Investment Director

Business Development Manager

Facilities Manager

Housing Services Manager

Legal Counsel

Risk Manager

Contract Manager

Property Acquisitions Manager

Industries









Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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