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  • rental payment

    Hi all, can someone please shed a light. Tenancy rule states 1 or 2 weeks rent in advance can only be required by landlord. How come I see a lot of rental properties requiring 3 weeks in advance rent? Is there a reason behind this? And is there a loophole in the tenancy agreement?

    "It is unlawful for a landlord to require the tenant to pay more than 2 weeks’ rent in advance, or to require the tenant to make a rent payment before all the rent that’s already been paid has been used up."

    Cheers

  • #2
    Three weeks rent for bond would be the statement. If not, share a link to the advertisement.

    www.3888444.co.nz
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    • #3
      Or could be 2 weeks rent plus one week letting fee.
      AAT Accounting Services - Property Specialist - [email protected]
      Fixed price fees and quick knowledgeable service for property investors & traders!

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