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Landlord and Tenant (Amendment) Act to be repealed

The Landlord and Tenant (Amendment) Act will be repealed on 1 July, as part of the NSW Government’s Better Business Reforms package.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

Interest should start to accrue on levies where they have not been “received” into the strata scheme’s bank account by the date they are due and payable.

15/01/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content.

15/01/2021 12:00:00 AM15/01/2021 11:09:41 AM

Webinar | CPD Training Requirements

Don't get caught out! The requirement to undertake Continuing Professional Development (CPD) training no longer aligns to your licence renewal date.

14/01/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content.

14/01/2021 12:00:00 AM18/01/2021 4:40:22 PM

Don't dodge disclosure

Whether rain, hail or shine (or even a pandemic), your professional indemnity insurance renewal comes around each year like clockwork.

13/01/2021

13/01/2021 12:00:00 AM13/01/2021 2:25:27 PM

Inner Sydney rental vacancies stabilising at the end of a turbulent year

The end of 2020 brought more stability to the rental accommodation market after a long period of uncertainty.

11/01/2021

11/01/2021 12:00:00 AM11/01/2021 12:10:23 PM

From Scotland to Sydney

Dropping everything and moving to the other side of the world isn’t for everyone. But, three years ago, that’s just what Louise Barton did.

08/01/2021

8/01/2021 12:00:00 AM13/01/2021 1:55:10 PM

Pre-market popularity surges

Agents are rethinking the way they do business, with pre-market sales resulting in satisfied sellers and buyers, faster transactions and premium prices – all without large marketing spends.

07/01/2021

7/01/2021 12:00:00 AM7/01/2021 10:13:47 AM

Webinar | COVID-19 Update and Q & A

A webinar discussing the new COVID-19 regulations which commenced during the Christmas Break including the most asked questions answered.

06/01/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content.

6/01/2021 12:00:00 AM12/01/2021 12:20:05 PM

Buyers’ agents can be invaluable to first home buyers

Once a tool for wealthy house hunters, buyer’s agents have now become more accessible to everyday Australians, but where do first home buyers fit into the picture?

06/01/2021

6/01/2021 12:00:00 AM6/01/2021 12:26:26 PM

Your REI Forms Live questions answered

REINSW members across the state have come to rely upon the industry’s leading online agreements and forms product – REI Forms Live.

05/01/2021

5/01/2021 12:00:00 AM6/01/2021 8:46:04 AM

The importance of record keeping

Good record keeping is the backbone to any successful real estate business. Industry insiders are quick to point out there are no excuses for an unprofessional paper trail - even if today’s filing cabinets are all digital.

04/01/2021

4/01/2021 12:00:00 AM4/01/2021 8:58:22 AM

Changes coming to Commercial and Retail COVID-19 legislation on 1 January 2021

The new Retail and Other Commercial Leases (COVID-19) Regulation (No 3) 2020 will repeal and remake, with amendments, the Retail and Other Commercial Leases (COVID-19) Regulation (No 2) 2020.

24/12/2020 | Only Members can view this content. You will need to sign in to view

24/12/2020 12:00:00 AM24/12/2020 2:13:02 PM

Disclosure requirements change from 1 January 2021

NSW Parliament passed a package of more than 40 reforms called the Better Business Reforms in 2018. The reforms included new disclosure requirements that came into effect on 1 July 2020.

23/12/2020 | Only Members can view this content. You will need to sign in to view

23/12/2020 12:00:00 AM24/12/2020 1:45:59 PM

Keeping your options open

Options are growing in popularity, as more sellers and buyers want flexibility and seek the confidence to invest time and money when pursuing a property deal before entering into a contract for sale.

23/12/2020

23/12/2020 12:00:00 AM23/12/2020 10:07:30 AM

Onwards and upwards

With two decades of property management expertise under his belt, Anthony Caudullo, Director of Property Management at Crown Group, is at the top of his real estate game.

22/12/2020

22/12/2020 12:00:00 AM22/12/2020 11:38:22 AM

The year ahead: 2021 market outlook

MEDIA RELEASE: Against all odds, the housing market was strong in New South Wales in 2020. The positive end to the year in terms of transactional activity and prices creates real momentum heading into the new year, says REINSW CEO Tim McKibbin.

21/12/2020

21/12/2020 12:00:00 AM22/12/2020 11:41:20 AM