The Residential Tenancies Amendment Act changed the way that landlords can end both
fixed-term and periodic tenancies.
There has been a lot of media attention on the property management industry as most of the changes to the Residential Tenancies Act 1986 came into effect on 11 February 2021. Unfortunately, as with any change, there has been some misinformation circulating.
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.
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?
The Social Services and Community Committee (Select Committee) reported back to Parliament with their recommendations on the Residential Tenancies Amendment Bill.
The emergency provisions relating to the Residential Tenancies Act 1986 came to an end on 25 June 2020. This means that the usual termination rules apply from 26 June 2020.
The Minister of Finance announced on 23 March 2020 a freeze of rent increases and an extension of no-clause terminations. This has applied as law through the COVID-19 Response (Urgent Management Measures) Amendment Act.
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