Tenancy renewals | Knowledge Centre

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Managing tenancy agreements can be challenging. In this eBook, we explore the Residential Tenancies Amendment Act 2020 and how it affects tenancies in New Zealand. You’ll also find useful resources, definitions and handy hints to help you understand your obligations as a rental property owner.

Contact me via phone

The easiest way for us to assist you with advice around tenancy agreements is through a conversation. Please select the tick box “Contact me via phone” if you would like us to make contact.

Navigating the RTAA

In this blog, we explore the two of the main changes from Phase Two of the Residential Tenancies Amendment Act 2020.

Navigating the new

Principal of Quinovic Pukekohe, Marie Peters discusses the increasing importance of considering a property manager for your property investment

Finding the perfect match

In the wake of the Residential Tenancies Amendment Act 2020, Principal of Quinovic Nelson, Juliet Robinson shares four key questions to ask during the tenant selection process.

Do I need a written tenancy agreement?

Yes, it’s essential that tenancy agreements are in writing and signed by both parties. This will help to prevent any misunderstandings and resolve potential disputes. Tenancy Services provide a free residential tenancy agreement form that can be used in New Zealand.

How much should a property owner charge for bond?

Rental property owners and managers can charge up to the equivalent of 4 weeks’ rent for bond. This must be lodged with Tenancy Service and be received by them within 23 working days and a receipt must be given to rental customers.

Is a fixed-term or periodic tenancy better?

There is no right answer. The type of tenancy that is best suited will depend on you and your tenants’ lifestyle and priorities. To get a better understanding of the different types of tenancies, check out our Fixed-Term vs Periodic Tenancies blog.

What happens when a fixed-term tenancy reaches the end of its term?

From 11 February 2020, all fixed-term tenancies signed after that date will convert to periodic tenancies at the end of their fixed-term unless both parties agree otherwise, or appropriate notice is given in accordance with the RTA.

How often can rent be adjusted?

Rent can be decreased at any time, however can only be increased once every 12 months and cannot be increased within the first 12 months of a tenancy.

Where can I find a tenancy agreement form?

Tenancy Services provide a downloadable residential tenancy agreement form that has been approved for use by The Office of the Tenancy Tribunal.

Knowledge Centre

RTAA 2020