Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

Often a person could be a party to a one year lease agreement which then expires, but because these things often operate on an informal basis, he or she expects to continue paying rent and remain in the property. The Residential Tenancies Act provides for a four-year cycle in terms of tenancy, which means that a person could expect security of tenure for three or four years. However, the bank can get around this by appointing a receiver who chooses to sell the property. I would like to hear from the delegates that Bank of Ireland's attitude is not a mercenary one of moving in as soon as it can to sell a property, particularly if there is a tenant in it who is faithfully paying rent.