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Landlord and Tenant (Amendment) Act to be repealed

The Landlord and Tenant (Amendment) Act will be repealed on 1 July, as part of the NSW Government’s Better Business Reforms package.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 AM4/08/2020 3:46:32 PM

RTA in Focus: Break Fee

A break fee, calculated on a prescribed cascading scale, will now be a mandatory term of all fixed term agreements of less than three years.

11/03/2020

11/03/2020 12:00:00 AM4/08/2020 3:46:06 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 AM4/08/2020 3:41:33 PM

Sweeping changes are coming to NSW landlords and tenants in 2020

MEDIA RELEASE: Sweeping changes to NSW Residential Tenancy Laws to take effect in March 2020.

19/12/2019

19/12/2019 12:00:00 AM26/06/2020 9:07:37 PM
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Leading the way

Industry-leading buyers’ agent Jacque Parker reveals how she’s developed a thriving career by building strong client relationships based on empathy, commitment and trust.

26/11/2020

26/11/2020 12:00:00 AM26/11/2020 1:40:00 PM

Perplexing Pet Protocols: What it means for Landlords and Tenants

MEDIA RELEASE: The recent decision preventing Owners Corporations from blanket bans on pets in New South Wales apartment buildings, meaning all unit owners can keep pets in their homes, was seen as a big win for animal lovers.

25/11/2020

25/11/2020 12:00:00 AM25/11/2020 5:31:00 PM

Term of appointment as strata manager

The term of appointment for a strata manager appointed at the first Annual General Meeting of the Owners’ Corporation should be extended from 12 months to 15 months.

24/11/2020

24/11/2020 12:00:00 AM25/11/2020 9:15:41 AM

REINSW: The Real Week Ahead

MEDIA RELEASE: This week and in the weeks ahead, it will be interesting to understand how the New South Wales residential market reacts to the stamp duty reforms proposed in the Budget.

23/11/2020

23/11/2020 12:00:00 AM25/11/2020 9:27:36 AM

Week-long NSW Fair Trading compliance program begins today!

NSW Fair Trading announced on Friday that a compliance team will be inspecting real estate agents and their businesses in the South coast region of NSW from today.

23/11/2020 | Only Members can view this content. You will need to sign in to view

23/11/2020 12:00:00 AM23/11/2020 2:32:46 PM

Developer documents

Developers should be required to provide a pack of all relevant documents when they apply for registration of the strata plan.

20/11/2020

20/11/2020 12:00:00 AM25/11/2020 9:21:19 AM

NSW Budget 2020-21

REINSW President Leanne Pilkington and CEO Tim McKibbin discuss the NSW Budget and the proposed changes to property taxation.

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20/11/2020 12:00:00 AM23/11/2020 11:47:49 AM
 20/11/2020 12:00:00 AM20/11/2020 4:28:04 PM

Keeping Landowners informed about the NSW Land Tax COVID-19 Relief Guidelines

The NSW Government introduced measures earlier this year to provide relief to commercial and residential Landowners, who have provided rent reductions to Tenants experiencing financial distress as a result of COVID-19.

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20/11/2020 12:00:00 AM20/11/2020 2:14:41 PM

REINSW: The unintended consequences of the NSW Government’s Property Tax Reform

MEDIA RELEASE: With the dust settling on yesterday’s announcement that stamp duty would be phased out and replaced with another tax, the Real Estate Institute of NSW has shone a light on some of the unidentified-or unconsidered-impacts of the proposa

18/11/2020

18/11/2020 12:00:00 AM25/11/2020 9:28:14 AM

Response to the NSW Budget

MEDIA RELEASE: The Real Estate Institute of NSW (REINSW) has welcomed the NSW Government’s acknowledgement that property taxation is in need of reform.

17/11/2020

17/11/2020 12:00:00 AM25/11/2020 9:29:00 AM

NSW Fair Trading inspections: Find out how you can ensure compliance with the rules

NSW Fair Trading’s authorised officers are currently making random visits at open inspections and auctions across the State, checking compliance safety plans are both in place and being implemented.

17/11/2020

17/11/2020 12:00:00 AM17/11/2020 2:38:51 PM

REINSW: The Real Week Ahead

MEDIA RELEASE: “Summer is is only a fortnight away and after a tumultuous 2020, many people looking to make a move would love to be in their new home by Christmas.

16/11/2020

16/11/2020 12:00:00 AM25/11/2020 9:27:14 AM

Predicted wetter conditions could bring unwelcome pests to open homes this summer

Entomologists are warning homeowners - including those looking to sell - to keep an eye out for creepy crawlies with La Niña bringing perfect breeding conditions for insects and spiders over the coming months.

16/11/2020

16/11/2020 12:00:00 AM16/11/2020 11:44:08 AM

Appointment of strata manager

Strata managers who are also developers should not be prohibited from managing a strata scheme in which they hold a beneficial interest.

13/11/2020

13/11/2020 12:00:00 AM13/11/2020 10:29:14 AM