A number of proposed changes to the Residential Tenancies Act 1986 (the “Act”) have recently been announced by Kris Faafoi, Associate Housing Minister. These include:
- Rent increases will be limited to one per year, and landlords barred from encouraging rental bids.
- Landlords will require a justified reason to end a periodic tenancy agreement. There will also be provisions to deal with antisocial behaviour.
- On expiry, fixed term tenancies are to become periodic tenancies unless on agreement by both parties, or the tenant is in breach of their obligations, or there are particular grounds for the tenancy to end.
- Tenants/landlords who do not meet their obligations will face increased monetary consequences.
- Tenants will be able to add minor fittings to the property, such as install doorbells, install brackets to secure furniture, and fittings to baby proof the property.
A Bill amending the Act will be introduced to Parliament in early 2020. We will publish further details as they come to hand.
If you require any advice or further information on the matters dealt with in this publication please contact the lawyer at Farry and Co. who normally advises you, or alternatively contact:
Carol Allen
callen@farry.co.nz
09 353 6675
The information contained in this publication is intended as a guide only. It does not constitute legal advice and should not be relied upon as such. Professional advice should be sought before applying any of the information to particular circumstances. While every reasonable care has been taken in the preparation of this publication, Farry and Co. does not accept liability for any errors it may contain.