February 18, 2020
Bill will improve lot of renters
Improved peace of mind may be on the way for renters with the introduction of the Residential Tenancies Amendment Bill to Parliament.
Associate Housing Minister Kris Faafoi says more than 600,000 households are in rental homes, and there needs to be a balance of rights and responsibilities of both tenants and landlords.
Among other features, the Bill will:
- Improve tenant’s security by requiring the use of a justified reason to end a tenancy;
- Turn fixed-term tenancy agreements into periodic tenancy agreements when they expire unless both parties agree otherwise â€“ something that is aimed to address the rent inflation that happens in some university towns when a lot of tenancies expire at the same time;
- Allow tenants to add minor changes, such as brackets to secure furniture and appliances against earthquake risk, baby proof the property, install visual fire alarms and doorbells and hang pictures;
- limit rent increases to once every 12 months.
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