Changes are coming to the controversial arena of residential
landlord and tenant legal relationships. With 1 in 3 New Zealanders
now renting, these changes will affect a significant proportion of
the population.
After enacting the Healthy Homes Guarantee in 2017 and banning
letting fees last year, the Government, through Associate Minister
Kris Faafoi, has announced a suite of changes to the Residential
Tenancies Act 1986. These changes are set to bolster the position
of tenants by protecting them from potential disadvantages under
the current residential tenancy laws.
The major changes proposed by the Government are summarised
below:
- Rent increases may only occur every 12 months
rather than every 6 months as is currently the case.