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Landlord and Tenant (Amendment) Act to be repealed

The Landlord and Tenant (Amendment) Act will be repealed on 1 July, as part of the NSW Government’s Better Business Reforms package.

26/06/2020

26/06/2020 8:59:06 PM4/08/2020 2:46:22 PM

Best Practice Guide to Residential Tenancies Legislation

Best practice guide for property managers to use when determining how best to implement the new reforms. The following guide simplifies the complexities in the legislation and makes it easier for property managers to understand.

16/06/2020

16/06/2020 12:00:00 AM17/07/2020 3:24:57 PM

RTA in Focus: Landlord’s contact details

The landlord’s contact details must be provided on the residential tenancy agreement, whether or not a property manager has been engaged by the landlord.

04/06/2020

4/06/2020 12:00:00 AM4/08/2020 3:58:06 PM

RTA in Focus: Landlord Information Statement

All landlords are now required to acknowledge that they’ve read and understood the Landlord Information Statement before entering into a residential tenancy agreement.

07/04/2020

7/04/2020 12:00:00 AM15/07/2020 9:30:03 AM

RTA in Focus: Condition Reports

In days gone by, condition reports were completed in hard copy, carbonised form. Time has moved on and today most property managers complete condition reports for ingoing, periodic and outgoing inspections via a handheld device as they’re inspecting

06/04/2020

6/04/2020 12:00:00 AM15/07/2020 9:28:58 AM

RTA in Focus: Smoke Alarms

Smoke alarms are critical, life-saving devices that provide an early warning of the presence of smoke and fire. This is why they’re compulsory in all residential properties, including rental premises.

01/04/2020

1/04/2020 12:00:00 AM15/07/2020 9:38:34 AM

RTA in Focus: Water usage charges

Water. It’s a precious commodity. And it can be expensive – which explains why landlords are keen to pass usage charges on to their tenants whenever possible. But, in the past, charging tenants for water usage has been anything but simple.

25/03/2020

25/03/2020 12:00:00 AM26/06/2020 9:22:09 PM

RTA in Focus: Rent Increases

Landlords can now only increase the rent once in any 12-month period in the case of periodic agreements.

23/03/2020

23/03/2020 12:00:00 AM26/06/2020 9:23:16 PM

RTA in Focus: Disclosure obligations for strata properties

New disclosures must be made to tenants, prior to entering into a residential tenancy agreement, where the property they are renting is in a strata scheme.

20/03/2020

20/03/2020 12:00:00 AM26/06/2020 9:50:47 PM

RTA in Focus: Minor Changes

Tenants will be able to make certain listed prescribed minor changes to the premises and the landlord is not able to unreasonably withhold consent.

19/03/2020

19/03/2020 12:00:00 AM26/06/2020 8:42:38 PM

RTA in Focus: Publication of Photos and Videos

There’s no doubt that up-to-date photos or a video highlighting a property’s features can be the difference between a successful marketing campaign or one that falls flat. But what if there are tenants in the property when it comes up for sale or re-

17/03/2020

17/03/2020 12:00:00 AM26/06/2020 9:09:52 PM

RTA in Focus: Fit For Habitation

All residential rental properties will be required to meet new prescribed minimum standards to ensure they are fit for habitation.

13/03/2020

13/03/2020 12:00:00 AM12/02/2021 1:31:21 PM

RTA in Focus: Break Fee - REINSW

We’re giving you the information you need to ensure you understand your obligations with the reformed residential tenancies framework including break fees.

11/03/2020

11/03/2020 12:00:00 AM13/05/2021 1:37:06 PM

RTA in Focus: Prescribed material facts

Drug activity, strata repairs and external combustible cladding have been added to the list of prescribed material facts a landlord or their agent are required to disclose to potential tenants.

26/02/2020

26/02/2020 12:00:00 AM12/02/2021 1:26:49 PM

Changes to NSW Landlords and Tenants 2020 - REINSW

Changes to NSW Residential Tenancy Laws to take effect in March 2020. Significant changes are coming which will effect property managers, landlords and tenants

19/12/2019

19/12/2019 12:00:00 AM13/05/2021 1:39:01 PM
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Overseas students return to boost rental market but recovery could be slow

A pilot program to allow a limited number of international students to return to Sydney has been welcomed by the REINSW as critical for the rental market recovery.

18/06/2021

18/06/2021 12:00:00 AM18/06/2021 11:43:42 AM

Sydney’s vacancy rate shows positivity for areas hit hardest by pandemic

MEDIA RELEASE: The rental market in Sydney’s Inner Ring suburbs recorded its best performance since the start of the COVID-19, with vacancy rates falling to 3.3 percent last month.

17/06/2021

17/06/2021 12:00:00 AM17/06/2021 12:18:15 PM

REINSW supports property sector overhaul

With less than 5 days to go now, REINSW is urging the NSW Parliament to pass the Property Services Council Bill 2021 to help prevent real estate related disputes and deliver better consumer outcomes.

17/06/2021

17/06/2021 12:00:00 AM17/06/2021 11:39:32 AM

How the property market will warm vendor’s hearts this winter

Winter has long been seen as the least popular time to sell a home, but strong competition, lack of stock and low interest rates are tipped to keep up current momentum throughout the cooler months.

11/06/2021

11/06/2021 12:00:00 AM11/06/2021 11:00:42 AM

House prices increase at the highest quarterly rate in a decade

MEDIA RELEASE: The weighted average capital city median price for both houses and other dwellings has increased at the highest rate in a decade, the latest Real Estate Institute of Australia's Real Estate Market Facts report has found.

09/06/2021

9/06/2021 12:00:00 AM9/06/2021 3:52:45 PM

Overall housing and rental affordability declines

REIA MEDIA RELEASE: Housing affordability improved in New South Wales and South Australia, remained steady in Western Australia and the Australian Capital Territory but declined in Victoria, Queensland, Tasmania and the Northern Territory.

08/06/2021

8/06/2021 12:00:00 AM9/06/2021 8:34:03 AM

Q & A - Sparkling success

From a young age, Simone Luxford, Director at Essential Property Wealth, was intrigued with how to create wealth from property and has gone on to build her own successful property portfolio.

04/06/2021

4/06/2021 12:00:00 AM4/06/2021 11:20:24 AM

Strata in the spotlight

Five years after landmark reforms were introduced, the strata framework in New South Wales is once again under review. Here’s how REINSW has responded to the NSW Government’s call for input.

03/06/2021

3/06/2021 12:00:00 AM3/06/2021 10:04:55 AM

Straight talking boy from the bush

With well in excess of 5000 days under his belt as REINSW’s Chief Executive Officer, Tim McKibbin is a formidable force. Here we look at the man who is leading the real estate profession into the next decade with passion and gusto.

02/06/2021

2/06/2021 12:00:00 AM4/06/2021 2:45:24 PM

Real time benefits for lodging rental bonds electronically

Lodging rental bonds online has improved the efficiency of settling funds making it easier for both agents and tenants, according to NSW Fair Trading.

01/06/2021

1/06/2021 12:00:00 AM17/06/2021 10:46:14 AM

We need a dedicated Property Services Commissioner for NSW: Help us to help you now!

For the past 10 years, REINSW has relentlessly lobbied Government to remove our Industry from NSW Fair Trading and establish a dedicated Property Services Commissioner instead. We need your help to get the message to your local MPs without delay.

31/05/2021

31/05/2021 12:00:00 AM31/05/2021 10:06:40 AM

Now’s the time for a standard retail lease

In a submission to the Office of the NSW Small Business Commissioner, REINSW has proposed the introduction of a standard retail lease as a “natural evolution” of the Retail Leases Act 1994 (NSW).

28/05/2021

28/05/2021 12:00:00 AM28/05/2021 12:07:48 PM

HELPLINE Q&A: Can a tenant carry out changes to the rental premises?

Yes, a tenant can make certain changes of a “minor nature” to the premises.

25/05/2021

25/05/2021 12:00:00 AM25/05/2021 2:51:07 PM

On the chopping block: why fee cutting hurts everyone

Commission charges vary across NSW with Sydney already home to the lowest fees due to the sheer number of agents on the ground.

20/05/2021

20/05/2021 12:00:00 AM25/05/2021 2:38:47 PM

Cultivating your community

Time is such a valuable commodity. Most people have little time to answer their phones to friends and family, much less take a call from a local real estate professional.

18/05/2021

18/05/2021 12:00:00 AM18/05/2021 1:15:26 PM