A landlord client wants an additional term in the lease saying that if the tenant is late with any rent payment, all rent for the rest of the one-year term becomes due immediately. How would this term be treated?
Correct Answer
D) It is void and cannot be enforced
Section 15 of the Residential Tenancies Act, 2006 says a provision making all or part of the remaining rent, or a specific sum, due on a tenant's default in paying rent or carrying out an obligation is void. Such an acceleration clause cannot be enforced, however it is drafted or signed.
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A landlord client's draft written lease gives only a property manager's email for contact and omits the landlord's legal name and address for notices. If the tenant signs it that way, what is the consequence under the Residential Tenancies Act, 2006?
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