The Healthy Homes Standards are in full swing with compliance statements now required on all new, renewed and extended tenancy agreements. In this blog, we look at six of the key changes from the Residential Tenancies Amendment Act 2020 and how they affect rental customers.
There are four key reasons why property maintenance is fundamental to effective property management.
The most important thing to understand about managing a residential rental property is that in doing so, you are running a business.
A written and signed Tenancy Agreement is a legal requirement under the revised RTA from February 2021.
Occasionally the laws surrounding certain aspects of life and business in New Zealand need to be updated. While the majority of the rules and regulations around tenancies have been the same since 1986, the Residential Tenancies Act has changed a handful of times to ensure it is still as relevant and useful to rental property owners and rental customers.
From 1 December 2020, landlords must include a statement of their current level of compliance with the Healthy Homes Standards in any new, varied or renewed tenancy agreement.
In this article, we explore how the Residential Tenancies Amendment Act 2020 (RTAA) affects rent increases, how often property owners are able to make these, and the best way to go about doing so.
Just as Auckland returned to Level 1 and the country to some semblance of normality, New Zealand turned its attention to an election and referendum that culminated in a historic win for Labour.
From 1 December 2020, Property owners need to include the Healthy Homes Compliance statement, detailing their property’s level of compliance with the Act that came into effect 1 July 2019.
With much of the property market news being focused around the ever-increasing price of home ownership and rentals in markets with short supply, this story bucks the trend.
The best tenancies are when both the property owner and rental customer are happy and committed to a long, positive relationship.
The spring and summer months are a good time of year to carry out inspections that specifically focus on maintenance issues for rental properties.