Aug
3
Pets in Properties

In a pivotal ruling, a tenancy tribunal concluded landlords can’t exclude pets despite lease terms, citing the Residential Tenancies Act. This has stirred a debate on property rights and revealed a larger lesson: landlords fare better focusing on rent issues rather than attempting to manage all tenant behaviours in court.
Apr
19
IRD and the Brightline Tax

Members of Parliament’s Finance and Expenditure Committee have been taken on a deep dive into the complexities of the new residential property tax rules.
Chartered Accountants Australia and New Zealand (CAANZ) told the committee to keep tax rules simple, otherwise there will be “unintended outcomes and inadvertent non-compliance.”
By unpacking a range of potential property issues in the Taxation and Remedial Matters Bill, CAANZ highlighted the need for simplification.
Apr
14
Property Review – Taxes and Tenancy Tribunals

Despite all the law changes the important ones related to rent arrears remain unchanged but the way Tenancy Services and Department of courts deal with cases has changed a bit.
Sep
8
Residential Tenancies Amendment Bill Now Law

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.
Apr
20
Residential Tenancies Amendment Bill 2020

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.