Property managers play a powerful role in the housing of over 600,000 New Zealanders, including 43% of all children and those vulnerable to housing insecurity.
On 1 December 2020, the new Privacy Act 2020 will come into effect. The Act introduces a number of new privacy protections for individuals and obligations for businesses and organisations.
In New Zealand, we love open plan living which eliminates barriers such as walls and doors that traditionally separated distinct functional areas. The flow that open plan living provides is well espoused by real estate agents as a highly sought-after feature of a property, unless you are trying to comply with the healthy homes heating standard.
The Government passed legislation in March 2020 that temporarily increased the low-value asset threshold for depreciation from $500 to $5,000.
Did you know that if you have not had your rental property assessed for its current level of compliance with the healthy homes standards and it becomes vacant, you will not be able to re-tenant the property until you do? That will be the case from 1 December 2020.
The Residential Tenancies Amendment Act (RTA) 2020 removes the ability of landlords to end a periodic tenancy by giving 90 days’ notice without giving a reason to the tenant. This part of the legislation comes into effect on 11 February 2021.
The Residential Tenancies Amendment Bill (RTA) has been passed into law with most changes coming into effect six months after receiving the Royal Assent on 11th August 2020.
COVID-19 has returned to New Zealand, and whilst this is disappointing, your Harcourts property manager is prepared for any challenges that the various alert levels create.
The healthy homes draught stopping standard states that any unreasonable gaps or holes in walls, ceilings, windows, floors and doors that are not necessary must be blocked. So, what is meant by unreasonable?