Changes to the Residential Tenancies Act 1986 are being rolled out, and one update regarding tenancy terminations will come into effect on 30 January 2025.
Whether you're managing a property or renting a home, staying informed will help you navigate the new rules with confidence. At Quinovic, we specialise in property management and are here to make sense of these changes for you. Here's what you need to know.
Ending a periodic tenancy without a reason
Landlords can end a periodic tenancy without providing a specific reason by giving at least 90 days' notice.
When landlords can give at least 42 days’ notice:
Notice for tenants
Tenants can end their periodic tenancy by giving at least 21 days’ notice.
Important transition rule
If a landlord gives 63 days' notice before 30 January 2025, they cannot change it to 42 days after the new rules come into effect.
Ending a fixed-term tenancy
What happens if no action is taken?
Key dates to remember
This is one of several changes to the Residential Tenancies Act that will shape tenancy agreements in the coming months. Staying informed is essential to ensure compliance and avoid unnecessary complications.
At Quinovic, our teams stay ahead of these updates to make tenancy management easier for you. For advice on how these changes impact your tenancy, contact your Quinovic property manager or visit the Tenancy Services website.
Any one of our experienced teams from throughout New Zealand will be able to assist.