10 Expert tips on choosing the right Property Manager (1) The Property Management Company has an audited trust account The property management industry in New Zealand is deregulated, and therefore a trust account is not required by law. A property management company that has all rent monies going into a trust account, especially an audited…
Health and Safety An important focus of our Industry is the Health and Safety of our Property Managers, our Tenants and of course our Owners. There is a lot of Legislation around nuts and bolts stuff like having safe steps for instance, fire detection and asbestos management but we now have possibly the most serious…
Covid 19 We hope you and your families are all safe and well A big apology for missing last month’s newsletter, we got locked down before we had a chance to get it out. This month we will talk about what we have been up to during Lockdown and what happens next. Dan and Sheree…
What You Can and Cannot Charge Your Tenants For In the Tauranga City and Western Bay OF Plenty, rubbish and recycle bins are now provided through your Land Rates, we have been asked about adding this onto your Tenants Rent so I asked the question of Tenancy Services and this was their response – Where…
Some more of Dan’s thoughts on our Industry In last month’s Newsletter I did forget to mention that all of the new Legislation we are now dealing with and including the Healthy Homes Standards Statement is pointing all Properties to have a Rental Warrant of Fitness, this will be the Governments way of generating revenue…
Looking Forward in our Residential Investment Business In last month’s Newsletter we highlighted what has been thrown at our industry to improve the quality of New Zealand’s Residential Rental Housing Stock for our Tenants Whether we liked it or not these improvements needed to be enforced on us. As with every aspect of our lives…
Looking Back at the Residential Tenancy changes – next month we’ll be looking Forward Owners of Residential Rental Properties have had quite a few Government Policies inflicted on them over the last ten years, I won’t go back the 29 years I have been directly involved in the Industry and 16 years in the Building…
Different ways to change a tenancy agreement Tenancy Services have updated their website content to describe and distinguish different ways to change a tenancy agreement. Landlords and tenants should decide together which approach best suits their situation. The type of change to a tenancy agreement will have an impact on the healthy homes compliance date…
Know your rights: What landlords must know before biggest tenancy change in 35 years. Landlords’ rights and obligations change on the 11th of February, after the former Labour-led coalition Government amended the law to give more security of tenure to tenants in the $180 billion sector. Nearly 600,000 rental properties are home to 1.5 million…