Property Management Focus31 Jan 2020

Happy New Year and we hope you've had a relaxing break over the holiday season.
The new year is a great time to start planning for the year ahead and it's necessary if you're going to meet your obligations under the healthy homes standards. The July 2020 compliance date is less than six months away when you will need to know (and disclose) your current level of compliance with the healthy homes standards.

2019 has been a year of change for the property management industry and most landlords have adapted and responded well to these changes. Harcourts has welcomed the reforms which have been largely positive, in particular, the introduction of the healthy homes standards.

Unfortunately, there are rental homes in New Zealand that are below par and these reforms will ensure that landlords bring those rental properties up to standard. The spotlight on maintenance highlights to landlords their responsibilities under the Residential Tenancies Act 1986 (RTA), the standards a property needs to meet before it is rented and the maintenance a landlord is responsible for during a tenancy.

In July 2016, legislation came into force that gave landlords three years to install insulation in all rental homes. Some landlords did not meet their obligations or didn't meet them before the July 2019 deadline. In keeping with our legal and professional obligations, Harcourts took a firm approach with those landlords and we no longer manage those properties. A refusal to adhere to the insulation standard was a warning sign for property managers that a landlord was unlikely to meet their future obligations under the Healthy Homes Guarantee Act or commit to ongoing maintenance. We are fortunate that these landlords are the exception and that the vast majority are committed to meeting their obligations.

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