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Changes to the Residential Tenancies Act

Changes to the Residential Tenancies Act

Changes to the Residential Tenancies Act Residential tenancies in New Zealand are governed by the Residential Tenancies Act.  This means the tenant’s rights are protected by law, even if these rights are not written in the contract. A number of new changes to...
Who can buy residential property in NZ?

Who can buy residential property in NZ?

Who can buy residential property in NZ? Under the Overseas Investment Act, overseas persons are no longer permitted to purchase residential property in New Zealand. Any overseas persons breaching this restriction may be liable for a penalty of up to $300,000 and...
What happens if you missed a market rent review?

What happens if you missed a market rent review?

What happens if you missed a market rent review? iIn most commercial leases, the landlord is entitled to increase the rent on the market rent review date.  However, what happens if the landlord misses the market rent review date? Assuming you are the landlord and you...