Property

Landlords reminded of holiday requirements

Landlords planning to head overseas over the Christmas break are being warned to stay on the right side of the law.

Tuesday, December 18th 2012

The Ministry of Building, Innovation and Employment has issued a reminder to property investors that under the Residential Tenancies Act, a landlord who is out of the country for more than 21 consecutive days must appoint a New Zealand-based agent to act for them.

They must all give the tenant the agent’s details, advise the Department of Building and Housing if a bond is held, and let the tenant know when they return.

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Co-operative Bank - Owner Occ	4.65
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Westpac Special	5.59
ICBC	5.65
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Landlords reminded of holiday requirements

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