The coalition Government will not proceed with the previous Government’s plans to regulate residential property managers.
The Healthy Homes extension applies to all new and renewed tenancies that commenced from or after August 28.
The Government has provided significant updates to three sets of regulations.
Centrix credit bureau have reported that their services were disrupted last week because of New Zealand’s largest known cyber-attack.
Under the new laws there are two ways you can terminate a periodic tenancy if the property is to be put on the market.
The new law is known colloquially as three strikes and you are out.
Tenancy Services have conceded that their hotline is under pressure and this means that property managers are required to look for alternative ways to get legal advice.
This section of the Residential Tenancies Act has been amended and there is now a crucial difference.
Prime Minister Jacinda Ardern is sceptical that a move to block landlords claiming mortgage interest tax deductions will result in a spike of rental prices
Section 45B states that a landlord must permit the installation of a fibre connection in the premises if it meets certain conditions.
Landlords and property managers should expect a raft of fixture and minor change requests over the coming months as the bulk of the RTA Amendment Act 2020 is now in play.
With record rent prices continuing to rise around New Zealand, landlords and property managers can face serious consequences if they engage in this practice.
Charging tenants unlawful costs could hit you in the back pocket or even make you the subject of a media story.
It has always been a requirement to notify the tenant if the landlord’s contacts details have changed.
It has always been a requirement to notify a tenant if there is a change of ownership, but now there are increased risks.