Glenn from the Nelson Property Investors Association has put together an abbreviated version of the Act. Landlords and tenants should not rely solely on this, because there are many other very significant changes that if ignored or not followed correctly will result in significant penalties or lost rent and bonds.
The proposed amendment states that the current act came into force 30 years ago in 1986. What is not said is that in 1986 at that time New Zealand had an iconic Labour leader David Lange and Roger Douglas was loose on the market.
A landlord or property manager is legally entitled to inspect a rental property every four weeks. This may not be feasible but other opportunities to see inside a rental unit are available such as when maintenance work is being carried out.
Court litigation can be time consuming, expensive, and emotionally draining. Most disputes can be settled by bringing the ongoing problem to the forefront by sitting down with a mediator and being able to talk freely but in strict confidence and without prejudice.
I do enjoy hearing and communicating with many of you. I have seen my share of happy and less than happy property investors over the years. Not that all PI’s selling are unhappy. A few months ago I got an …