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.
The new year is a great time to start planning for the year ahead and it's necessary if you're going to meet your obligations under the healthy homes standards. The July 2020 compliance date is less than six months away when you will need to know (and disclose) your current level of compliance with the healthy homes standards.
New Zealand is one of the few countries in the OECD that does not regulate its property managers. Property managers are the gatekeepers of housing for some of New Zealand’s most vulnerable residents.
With home ownership at its lowest level in 60 years and the demand for rentals increasing, the Real Estate Institute of New Zealand (REINZ) is calling on the Government to formally review the need to regulate the property management industry, including public consultation, and announce its recommendations for reform before the 2020 election. Harcourts fully supports this initiative
In recent Tenancy Tribunal cases, adjudicators have awarded exemplary damages against both landlords and property managers when there has been a failure to provide and maintain premises in a reasonable state of repair. This will be extended to include failure to meet the new insulation standards from 1st July 2019.