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Search results for “THE NEW TENANCY TRIBUNAL”

You are browsing the search results for “THE NEW TENANCY TRIBUNAL”

In: Landlords, Tenants, Renting and Management

Contributed By: RTA on

The majority of tenancies run to the end date and beyond, but when a tenant or property owner’s circumstances change, the tenancy agreement may have to end earlier than expected. When a fixed term agreement is ended before the end date without grounds (i.e without sufficient reason), this is a break lease situation and compensation may need to be paid. The Residential Tenancies Authority (RTA) encourages parties to communicate their intention to end the agreement as early as practicable for the best outcome. If the tenant ends a fixed term agreement early, they may have to pay compensation for loss of rent until the tenancyRead More →

In: Legal

Contributed By: Hynes Legal on

Governments create laws.  Courts and tribunals interpret those laws when they make decisions on disputes.  We all then rely on those interpretations as gospel in terms of what the legislation actually means. Industry always holds its breath when what has been a long-standing practice or assumption is appealed. Higher authorities can overturn the decisions of lower ones. Take the deck dispute that went all the way to the High Court, with opposing decisions along the way. The other recent example was the decision on the timing for commencement of proceedings for recovery of body corporate debts.  A lower court interpreted a time frame that no one had operatedRead More →

In: Landlords, Tenants, Renting and Management, Motels and Hospitality

Contributed By: Cubbi on

Your investment property could be at serious risk of damage with a new trend of tenants holiday letting rooms or the entire property through Airbnb on a per night basis. This can significantly increase the risk of damage and security of your property without the extra reward for you as the landlord. In other words your tenant could be making extra income from your property but you are wearing the risk. Legislation governing tenancy agreements is outdated as most of it was written before Airbnb existed. So you need to be proactive and start protecting yourself. Quick disclaimer first. I am not a lawyer soRead More →

In: General Interest, Landlords, Tenants, Renting and Management

Contributed By: Real Strategix on

Whether it is routine maintenance, emergency repairs, lease renewals or property vacancies, you will always have the landlord asking you to explain the necessity and costs involved. Property Management over the last decade has become much harder, and time consuming, as legislation has changed and people are taking others to tribunal over the smallest of things. The first lease I prepared was in 1997. It was typed on a typewriter with carbon copies, and there was no such thing as inventories, CMA’s or online bookings. If someone had told me that in 18 years’ time that we would be arranging smoke alarms to be checked for every new lease IRead More →

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