Concern over property manager

Michelle asks:
(updated on Friday, March 06th 2020)

I live overseas and have a real estate company to manage my only property. I recently found out that the tenant hasn't paid rent for seven weeks. I was not informed of this by the rental department of the real estate company. Their only response has been "we will look into it". What are my options regarding the lack of management from this company and the lack of communication? Legally, what can I do in this situation?

 

Our Experts Answer:

The Residential Tenancies Act gives a landlord the opportunity to apply to have a tenancy terminated if the rent falls into arrears by 21 days. If your property manager is unaware of the rent status you have good reason to be concerned.

You need to establish whether the person to whom you spoke has followed up and established the state of rent payments. It may be that the company’s frontline staff were handling the matter adequately.

However, there seems to be a gap in communication between the company and you. If you consider that the company has not acted in your best interests you may look to the possibility of ending the management, either by agreement with the management company or by application to the Disputes Tribunal.

Most Read

Unity First Home Buyer special 4.15
SBS FirstHome Combo 4.29
ICBC 4.49
Kainga Ora 4.59
SBS Bank Special 4.69
AIA - Go Home Loans 4.75
China Construction Bank 4.85
Co-operative Bank - First Home Special 4.89
Kiwibank Special 4.95
TSB Special 4.99
Westpac Special 4.99
China Construction Bank 4.95
Kainga Ora 4.95
ICBC 4.99
SBS Bank Special 5.29
Co-operative Bank - First Home Special 5.29
Kiwibank Special 5.39
ASB Bank 5.45
Westpac Special 5.45
BNZ - Std 5.45
AIA - Go Home Loans 5.45
Co-operative Bank - Owner Occ 5.45
SBS Bank Special 5.49
BNZ - Std 5.49
Westpac Special 5.49
ASB Bank 5.59
AIA - Go Home Loans 5.59
ICBC 5.65
Kiwibank Special 5.69
Kainga Ora 5.69
Co-operative Bank - First Home Special 5.89
Co-operative Bank - Owner Occ 5.99
TSB Special 5.99
SBS FirstHome Combo 3.29
AIA - Back My Build 3.34
SBS Construction lending for FHB 3.74
CFML 321 Loans 4.20
Co-operative Bank - Standard 5.34
Co-operative Bank - Owner Occ 5.34
ICBC 5.39
Kainga Ora 5.79
Heartland Bank - Online 5.80
SBS Bank 5.84
Pepper Money Prime 5.99