4 Rental Properties Regulations You Need To Know In Christchurch

New Zealand as a whole, is intentional about not only improving the quality of its rental homes but making sure that tenants don’t pay more than they should. As a result, there are plenty of laws surrounding rental properties Christchurch covering such issues as how much rent and bond a landlord can take from a tenant, how to solve disputes in shared accommodations, how landlords should properly insulate rental homes and so much more. To help you have a better understanding of rental property regulations in this part of the world, we have listed four of those regulations for the city of Christchurch.

Proper Insulation

Beginning 1 July 2019, the New Zealand government has made it compulsory for all landlords to insulate their units before accommodating tenants. According to the new regulation, property owners who forfeit this rule will be liable for penalties of up to $4,000. Current landlords should check whether their property types need installation according to the city’s building file. If any installation is necessary, they should ask a professional to do the installation. Further, the landlords should amend their tenancy agreements to include an insulation statement.

Rent And Bonds

Another law that governs the real estate industry in Christchurch is that a tenant must pay both rent and bond prior to moving in. Regarding this, landlords can only demand 1 or 2 weeks’ rent if the tenant intends to pay rent weekly or after two weeks respectively. The bond should also not exceed 4 week’s rent. A landlord should additionally offer a receipt for the bond money and file it with the Tenancy Services before 23 days expire. Last but not least, the bond should be given back to the tenant after the end of the lease if the property is devoid of damages.

Option Fees

If you want a property reserved while you make a decision about whether to rent it or not, your landlord may ask for an option fee. This shouldn’t exceed one week’s rent. If you settle on renting, the landlord should give back the fee or convert it to rent.

Rules Surrounding Shared Accommodation

Shared accommodation or “flatting” is nothing new in Christchurch and New Zealand in general. It has great advantages for singles. According to New Zealand’s Disputes Tribunal, only disputes emanating from boarding houses under the Residential Tenancies Act can only be heard. Landlords whose boarding houses don’t fall under the umbrella cannot bring disputes with the Disputes’ Tribunal.

Rental properties Christchurch offers have been made fair for all, thanks to these four regulations for rental properties. Should you feel violated in any way, seek legal help.

Leave a Reply

Your email address will not be published. Required fields are marked *