Are you a frequent business traveller, or planning on going on holiday for more than 3 weeks? Many landlords leave the country unaware of their obligations under the Residential Tenancies Act 1986. Below we’ve outlined what you need to know as landlord.
To help ensure efficient management of rental properties, Section 16A of the Residential Tenancies Act requires landlords who are leaving the country for more than 3 consecutive weeks to appoint an agent to manage their property.
Once you’ve appointed a property manager you must inform the tenants of the agents contact details, and fill out a Change of Landlord form for the MBIE’s Tenancy Services, then contact the Bond Centre to update their records with your agent’s name.
Interested In Knowing More?
For advice on how to best prepare your rental property and ensure your investment remains profitable and in good condition while you travel, read Checklist: 34 Things Landlords Must Do Before They Leave Town.
Our Checklist Explains:
Administration details that must be seen to before leaving the region.
Maintenance checks that must be completed to prevent issues that could reduce your property's income and cause unnecessary stress on yourself & tenants.
Relevant laws that apply to landlords leaving New Zealand.
If you're interested in learning more about our team's property management processes, feel free to call Jordan Atkinson on 027 297 0873.