So what does this mean for me the owner? Wise Property Management will now require you, the landlord to produce the relevant documentation to prove the lawfulness of your rental properties. We are happy to discuss and formulate a plan with you. One very large change of significance which provides new power to the … Continue reading The RTA Amendment Act 2019 is now law.
Category Archives: Wise Updates
01 Aug
The RTA Amendment Bill No. 2 has now passed its third reading and will be signed off into law shortly. The five key points of this Act that you should know right now; How much careless damage will tenants be liable for? The old law had been reinstated following the Osaki Court of Appeal decision. … Continue reading The RTA Amendment Bill No. 2
01 May
Wise Landlords, for most of you this compliance, in general, will not be an issue. We have covered most of these issues and this is evident by your long-term tenants who are paying great rental rates. If you do have any concerns, please feel free to get in touch. We are only a phone call … Continue reading Healthy Homes Standards.
Housing Minister Phil Twyford justified the launch of costly new rental property standards in February by saying “6000 children are admitted each year for ‘housing-sensitive hospitalisations’” but, when questioned, two Ministries provided contradictory data that undermined the Minister’s claim. Tenancies War spokesman Mike Butler sent a series of questions to the Minister’s office, to the … Continue reading Two sides to a coin… Fact or fiction…
Dear Janeen and Jo It has been nearly 10 years since Barbara and I found ourselves in a position to look at building a rental portfolio to provide for us in our retirement. Where has the time gone? I remember the trepidation that I felt when I bought my first one! How was I going … Continue reading Wow Wise – Impressive! Thank you.
Did you know? SPECIAL BENEFITS WITHIN YOUR LANDLORD PREFERRED POLICY. In addition, you may claim for any of the special benefits listed below when you have a valid loss of rent claim. 1. Bailiff costs Your policy is extended to include a contribution towards incurred bailiff costs. The most we will pay for each event is … Continue reading Why does Wise Property Management like Real Landlord Insurance?
Click into this heading to hear words of wisdom from Scotney Williams (the video is 01.54 long). All indicators are pointing towards a $4,000.00 fine for non-compliance.
The standards were enabled by the Healthy Homes Guarantee Act which was passed into law in December 2017. The Government is asking for feedback on five healthy homes standards: The document seeks feedback on five healthy homes standards: Heating– what minimum achievable indoor temperature should heating devices be sized for in rental homes, where should … Continue reading The healthy homes standards will set minimum requirements for residential rental properties.
Tens of thousands of rental properties will not be insulated by the government’s deadline of July 1 next year, insulation companies are warning. And that could result in a $4,000.00 pay-day for tenants who dob their slack landlords in. Landlords who fail to make the deadline could end up out of pocket. There’s a $4,000.00 … Continue reading Tenants of slack landlords are now only one year away from a landlord ‘gift’ of $4,000.00
Don has come to us after 10 years working in local government departments…
