Landlords, you need Just Rentals Ltd, MREINZ, to rent and manage your property for you.
Are you aware of the changes ahead and that have occurred within our industry within the last two years? Make an appointment with us today to meet and discuss these changes and see how we can help you.
There are so many new regulations to be aware of, if you’re not, there are fines. There are also deadlines when work must be completed by. The Healthy Homes Standards became law on 1 July 2019, and from 1 December 2020 all landlords must include a statement of their current level of compliance with the Healthy Homes Standards in any new or renewed tenancy agreements. Landlords can be fined for not including this report.
Under Healthy Homes Standards, all landlords must ensure their properties comply with these five sections: heating, ventilation, insulation, draught stopping, moisture ingress and drainage. If not compliant, landlords can incur penalties up to $7,200.
From 1 July 2021, landlords must ensure their rental properties comply with the Healthy Homes Standards within 90 days of any new or renewed tenancy.
Parliament recently passed the Residential Tenancies Amendment Bill, so there are many changesto come, including: removing the 90 days’ notice without a valid reason (reasons stated in the Act); fixed term tenancies to become periodic upon expiry; allowing tenants to carry out minor alterations to their rental homes; and rent increases only once every year. Penalties for breaches have also been increase by 50% to 80%.
Landlords, are you aware of these changes? And of the changes to the Residential Tenancies Act?
If not, you need a property manager, and Just Rentals Ltd is the office for you. We are a family office situated in the leafy suburb of Meadowbank, 20 years in the business and all with the same staff. What a bonus that is for landlords and tenants to be able to discuss any problems with the same person!
But it is not only the landlords who receive professional and caring service, tenants are very important also, and we make sure we are fair and professional with them. It gives us great pleasure when a previous tenant comes into our office to ask us to manage and rent their own residential property, what a feeling!
Let Just Rentals Ltd give you expert guidance on the new regulations, you will not regret it.