Landlords reminded of holiday requirements

Tuesday 18 December 2012

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

By The Landlord

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.

Comments from our readers

No comments yet

Sign In / Register to add your comment

House Prices

What lies ahead for the housing market

As New Zealand begins to settle into the “new normal” of the Covid-19 lockdown, commentators have started releasing their (tentative) outlooks for the housing market. Here’s a summary of some of them...


Commercial sector facing hundreds of millions in lost revenue

Some large commercial tenants are refusing to pay rent and this could devastate the commercial property sector, the Property Council New Zealand is warning.


Banks roll out mortgage holiday

Major lenders have launched mortgage holidays for borrowers affected by the Covid-19 outbreak, using online application forms to process customer requests.

Site by PHP Developer