Written answers

Wednesday, 18 April 2012

Department of Justice, Equality and Defence

Departmental Agencies

10:00 pm

Photo of Willie O'DeaWillie O'Dea (Limerick City, Fianna Fail)
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Question 932: To ask the Minister for Justice and Equality if the Property Services Regulatory Authority database will contain not only headline rental figures for properties but also provide for full disclosure of any side agreements landlords may have with tenants that effectively reduce rents; and if he will make a statement on the matter. [18104/12]

Photo of Alan ShatterAlan Shatter (Dublin South, Fine Gael)
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I wish to inform the Deputy that the information which must be held by the Property Services Regulatory Authority in the Commercial Leases Database is prescribed in sections 87 and 88 of the Property Services (Regulation) Act 2011 and includes:

· the address and description of the commercial property, the subject of the lease

· the date of the lease of the property

· the commencement date of the terms of the lease (where different from the date of the lease of the property)

· the term of years of the lease

· the rent payable in respect of the property

· the capital consideration (if any) to be paid by the tenant or landlord in respect of the commercial property the subject of the lease

· the frequency of the rent review in respect of the property

· the particulars relating to who is liable in respect of the rates, insurance, service charges and repairs in respect of the property

· the net floor area, per each floor, of the property

· the particulars (if any) relating to rent-free periods, fitting out time allowed, fit out allowances and capital contributions in respect of the property

· the particulars relating to any break-clause in the lease, and

· the stamp duty certificate identification number

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