The latest news for New Zealand Landlords and Tenants
The latest news for New Zealand Landlords and Tenants
Picking a power company can be a bit of a hassle. It is one of those things that you can easily forget or put off when you are in your first flat but you will soon realise that power is…
If you are asking whether tenants are responsible for accidental damage, the answer last year would be different. However, new reforms in the Residential Tenancies Amendment Act say accidental or careless damage by tenants is now their liability. Under new…
Tenancy law is experiencing some changes, thanks to the Residential Tenancies Act Amendment. This is a document that builds on the 1986 RTA and revisits situations such as: Tenant liability for damage Unlawful residential premises (e.g. converted garages and sleep…
Are you a landlord or property manager? Do you credit check all of your tenants before letting them sign the lease? And are these credit checks comprehensive? If you are a landlord or property manager your answer to all of…
The final inspection is over and your rental is ready for new tenants. But where is the best place to list your property to find them? The free Facebook Marketplace or NZ’s popular Trade Me website? In October 2016, Trade…
The first step before finding great tenants is to organise a viewing for your property. A viewing is when you invite prospective tenants to see your house before accepting applications. Although it seems simple there is a lot to do…
You’ve sorted through the pre-tenancy applications and you’ve chosen your preferred tenant; now is the time to do a reference check. A reference check is your chance to ask questions about a tenant before you make your final decision. They…
September 2018 showed New Zealand rent prices continue to soar. The Trade Me Rental Price Index calculated another 6.7 percent increase in NZ’s median rent, with Trade Me saying there were no signs of it slowing down. The current national rent…
New Zealand Prime Minister Jacinda Ardern announced that plans to impose a capital gains tax (CGT) have been abandoned. A recommendation by the Tax Working Group in early February, Ardern says a CGT has been “a cornerstone” of Labour’s campaigns…
If you want to keep your property in good shape, doing a regular rental inspection is a vital part of your job as a landlord. During every rental inspection, it is important to be doing a thorough check and making…