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.
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.
Landlords can now only increase the rent once in any 12-month period in the case of periodic agreements.
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.
Tenants will be able to make certain listed prescribed minor changes to the premises and the landlord is not able to unreasonably withhold consent.
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-
All residential rental properties will be required to meet new prescribed minimum standards to ensure they are fit for habitation.
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.
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.
MEDIA RELEASE: Sweeping changes to NSW Residential Tenancy Laws to take effect in March 2020.