What do the Law changes mean to you?
As you may know, the laws around rental properties are changing. Landlords and Property Management companies now have an increased responsibility to ensure that all properties managed are fully compliant with the new laws. MBIE Compliance Teams are auditing private landlords and Property Management companies (we’ve been audited twice already!), and it’s extremely important to ensure your rental property is compliant with the new laws.
It’s equally important that accurate records are held for each rental under management. The Healthy Homes Standards require an accurate assessment on all rental properties. It’s in your best interests to ensure the assessment is done accurately.
- From 1st December 2020 a statement of the current level of compliance with the Healthy Homes Standards must be included in any new, varied or renewed Tenancy Agreement
- From 1st July 2021 landlords must ensure their rental properties fully comply with the Healthy Homes Standards within 90 days of any new or renewed Tenancy Agreement
- From 1st July 2024 all rental properties must comply with the new standards