• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook
Page 1 of 2 1 2 LastLast
Results 1 to 10 of 15
  1. #1

    Unhappy If you think it's scary what's proposed here, look at what's proposed in VIC:

    The 14 proposed changes announced in October (2017)


    • Removal of the 120-day ‘no specified reason’ to vacate. Landlords to provide a reason to end a lease.
    • Limit the use of ‘end of fixed term’ notices to vacate to encourage long-term leasing.
    • Landlords and agents prohibited from making false, misleading or deceptive representations to induce a tenant into an agreement.
    • Pre-contractual disclosure: Landlords must disclose certain information before agreement is signed including any proposal to sell property or if asbestos has been identified at the property.
    • Commissioner for Residential Tenancies to be appointed.
    • Landlord blacklist introduced.
    • 14-day automatic bond repayment.
    • Early release of bond.
    • Cap bonds and upfront rent for most properties (no more than one month’s rent for a property where the weekly rent is less than double the median weekly rent).
    • Faster repairs reimbursement.
    • Rent can only be increased every 12 months instead of six months.
    • Agents must advertise properties at a fixed price and prohibited from inviting prospective tenants to make offers at a higher price.
    • Landlords cannot unreasonably refuse a tenant’s right to keep a pet.
    • Renters can make minor modifications to a property.


    https://www.realestatebusiness.com.a...&utm_content=3

  2. #2
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    14,846

    Default

    Where did you extract that list from?

    I could not find it in the linked article.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  3. #3

  4. #4
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    14,846

    Default

    An impressive list. Almost 100% biased, as one would expect.

    E.g.
    a landlord and estate agent blacklist.
    No tenant blacklist - of course!

    Had to guffaw at this:
    allowing tenants to more easily make minor modifications to the property such as installing air conditioning: a landlord will not be able to unreasonably refuse consent.
    Aircon installation is minor? Yeah, right! Probably cheap, too.

    Only in the land of the under-arm bowlers, perhaps?
    Last edited by Perry; 08-03-2018 at 06:22 PM.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  5. #5

    Default

    Well, that isn’t all – how do you feel about a vacancy tax?
    Example AU: The new tax became effective on January 1st 2018 and is based on occupation of your property in the preceding year (2017).

  6. #6
    Join Date
    Aug 2009
    Location
    Auckland
    Posts
    1,080

    Default

    Quote Originally Posted by Perry View Post

    Had to guffaw at this:

    Aircon installation is minor? Yeah, right! Probably cheap, too.

    Only in the land of the under-arm bowlers, perhaps?
    The reason concern with letting tenants perform installations such as Heatpumps or Security Lights is what would happen if the installation was faulty because it was not installed by a registered electrician? What happens if it catches fire and the tenant is injured or worse, dies? Would the landlord/property manage be liable for this given that this proposed law allowed them to make such 'minor' modifications?
    www.PropertyMinder.co.nz
    # Property Management
    # Ad Hoc Tenancy Services / Rental Inspections / Terminations and Notices

  7. #7

    Default

    Do they take it with them when they go, like they would a washing machine?
    Last edited by Perry; 10-03-2018 at 05:20 PM.

  8. #8
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    14,846

    Default

    Hell no! Leave it behind and deduct it from the bond.
    Whether the LL wants that, or not.

    Besides, now you're getting practical and logical.
    Those give the woodenheads migraines, so are avoided.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  9. #9

    Default

    Quote Originally Posted by BigDreamer View Post
    The reason concern with letting tenants perform installations such as Heatpumps or Security Lights is what would happen if the installation was faulty because it was not installed by a registered electrician? What happens if it catches fire and the tenant is injured or worse, dies? Would the landlord/property manage be liable for this given that this proposed law allowed them to make such 'minor' modifications?
    Tenants are welcome to change their tenancy however they like in commercial so long as the landlord approves and landlords cannot unreasonably withhold approval. I've just recently had a tenant install a heatpump in their hairdresser. Very simple conditions - removed and made good or becomes landlords property at end of the lease at landlords discretion, required to be installed by registered tradesmen and a electrical CoC be issued (I also sighted the quote and checked up on the company installing), and any damages or faults caused by the installation and operation be the responsibility of the tenant.

    It works in commercial, why not residential?

    I have a friend in Germany who has just completely refurbished the apartment shes moved into and it looks amazing. She paid for the whole lot which she was happy to do because of the security that the German system guarantees.

    Making tenants more responsible for what goes on in the property seems like a damn good idea to me. Let them have a bit more security and allow modifications but make sure they have to give it back in exactly the state they took it in.

  10. #10
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    14,846

    Default

    Quote Originally Posted by Phixyt View Post
    Very simple conditions - removed and made good or becomes landlords property at end of the lease at landlords discretion. It works in commercial, why not residential?

    Making [residential] tenants more responsible for what goes on in the property seems like a damn good idea to me. Let them have a bit more security and allow modifications but make sure they have to give it back in exactly the state they took it in.
    Commercial vs residential and Germany vs New Zealand sounds like two good reasons why it would not work here, to me.

    And - as with your hairdresser example - return to original state or leave behind the aircon., etc., seems reasonable.

    But this is NZ and we have far too many bleeding heart do-gooders for such a thing to happen.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!


 

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Proposed LVR limits
    By brokerman in forum Finance, legal and tax (NZ)
    Replies: 78
    Last Post: 04-06-2014, 11:02 AM
  2. video proposed expressway thru Kapiti
    By donna in forum General (NZ)
    Replies: 2
    Last Post: 08-08-2011, 02:12 PM
  3. Current Status of Proposed CBD Developments
    By Mr_bond in forum Commercial Property (NZ)
    Replies: 13
    Last Post: 31-03-2010, 04:21 PM
  4. North Auckland: Proposed changes to the RTA and implications for landlords
    By Auckland PIA in forum Property Investor Associations (NZ)
    Replies: 9
    Last Post: 25-02-2010, 12:55 PM
  5. Replies: 0
    Last Post: 22-01-2010, 10:13 AM
  6. Proposed changes to GST rules on Land Sales
    By Findspace in forum Commercial Property (NZ)
    Replies: 3
    Last Post: 07-11-2009, 10:14 PM
  7. Proposed changes to minor dwellings
    By Heg in forum Property Investment (NZ)
    Replies: 16
    Last Post: 26-01-2007, 10:38 AM
  8. Proposed Tax changes for Trusts
    By crombie in forum Finance, legal and tax (NZ)
    Replies: 2
    Last Post: 11-09-2006, 09:17 PM
  9. Proposed Legislation Undermines Property Rights
    By Marc in forum Property Investment (NZ)
    Replies: 0
    Last Post: 13-02-2004, 12:08 AM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •