APIA Blog

RSS Feed

218-1 reasons for termination

Thursday, July 02, 2020
 This week's question comes from Kam re termination under 218-1 (paraphrased): 

If the Residential Tenancies Amendment Bill becomes law, would landlords be able to terminate a tenancy in order to renovate the property or to put the property on the market? 

Conditional yes in both instances. 

In the case of property renovation, a 90-day notice can be issued per (s32(2)(f) if the work is so extensive that it would not be reasonably practicable for the tenant to continue residing at the property while the work is being carried out. If the impracticability threshold is not met then the tenant stays (unless, of course, the tenant terminates). 

In the case of the landlord intending to list the property for sale, as long as the listing would take place within 90-days of the termination (i.e. 180 days from the notice) then a 90-day notice to terminate can be issued to the tenant (s32(2)(a)). 

 

Download our 218-1 Explanatory notes for landlords for a list of the Bill's permissible reasons for termination. 

That said, we have not given up on the fight to stop the 218-1 from becoming law. Landlords and anyone who opposes this Bill have one last chance before the 13th of July to lobby against the Bill. This is a worthy cause, click here to find out how you can be part of it. 

If you would like to understand 218-1 and what it means for landlords, register for one of our upcoming 218-1 clinics to have your questions answered. 

 

 

Do you have any tenancy related questions? Write to us at admin@apia.org.nz or hit us up on our social channels here and here

 

 

Recent Posts


Tags

Must know principal and interest buyer's agent cash-flow interest rates twg report rta reform data security water bill commerce commission Level 4 extractor fan property apprentice clnz privacy CoreLogic parry v inglis tenant kiwibuild development banking property value nzpif market rent Q&A watercare property housing affordability boarding house advice trespass Kris Pedersen Mortgages and Insurance wins income ocr minor dwelling damage investment strategy election 2017 tenancy services termination Investment tip HHS gluckman report DTI off the plan recycling equity smoke alarm rta rent increase inspection capital gain RBNZ holiday house Gluckman rental market covid-19 Case study tax early termination anti-social behaviour television buying rules equity renovation bond unitary plan property maintenance meth contamination LIM Holler opes partners market rental wof business Landlording re agent reserve bank will wealth creation fixed-term tenancy Sponsored post insulation management khh Tribunal case study building Jeff Bezos trademe RTAA 2019 ird How to property cycle financial advisers act ventilation housing bubble barfoot and thompson first home buying HHGA buying investor tenancy tribunal mortgage landlord rtaa2020 Question and answer robert kiyosaki initio Must knows Guest blog tenancy issues education mindset ring-fencing sale and purchas government Property (Relationships) Act rent debt enforcement short-term rental productivity anz HSWA ask an expert sublease CCC Market report heating bad tenant sale and purchase trust bond form meth rent arrears Investor story personal growth speculator negotiation house prices airbnb worksafe partners yield Editor's Choice insurance property management p lab maintenance TCIT return positive cash flow legal auckland finance letting shower dome beginner investor auckland council scotney williams Standards New Zealand heater warm up new zealand subdivision skill shortage letting fee warren buffett structure asbestos cgt election2020 cat relationship winz lvr interest only

Archive

Introducing Our Partners
Principal Sponsor - Kris Pedersen Mortgages & Insurance logo Gold Sponsor - Barfoot & Thompson logo Gold Sponsor - CoreLogic logo Property Apprentice logo The Insulation Warehouse logo The Renovation Team logo The New Zealand Property Investors' Federation logo
09 360 2376
info@apia.org.nz

The Tenancy Practice Service and TPS Credit Control work closely with the Auckland Property Investors' Association. Our vision of bringing helpful resources, documents and high quality services to Auckland Property Investors and Property Managers is shared by APIA, so its a partnership that works well. 

The Auckland Property Investors' Association is a great organisation for those who want access to advice and information from a range of industry experts and partners. 



Mathieu Holt- Managing Director, The Tenancy Practice Service & TPS Credit Control
Through the Association I found the channels and methods to fund the purchase of property I never dreamed about. Grant Brown

All round it has been one of those things Neil and I felt was really worthwhile belonging to. We have learned so much it has just built our confidence in what we are doing.

Janice Bieleski
I read two articles in the monthly magazine that saved me over $5,000. That is my membership fee for the next 26 years and I am sure I will learn a whole lot more! John Duncan
Fantastic organisation. The networking opportunities are brilliant and provide us with information and opportunities that cannot be obtained anywhere else. We learn something new at every meeting and we've been in this game for nearly 20 years. Pauline and Gyanen Kumar

I find the information obtained from various APIA meetings very useful in guiding my own property investment and rental management.  I also enjoy the networking opportunities with like-minded investors.  I am inspired by other investors’ success and find the more experiences and knowledge that I share with others, the more confident I become.  

Thanks to all APIA event organizers and administrators for your brilliant work. 

Stella Shao

I like talking to people and learning from their experience because it gives me the confidence to invest well. I think it is a knowledge thing. I now know I am doing things the right way.

Stephen Weatherall

My APIA membership has become a total success.

Every time I attend a monthly or regional meeting I come away with so many useful and positive tips that have added value to my property investments and management.

Not only that, the website is a great place for practical advice and useful information. It has now evolved into an important resource for my business.

Talk about value for money! The discounts I have been getting at Bunnings when I present my APIA membership card have more than paid for my annual subscription!

Tim Duffett, Plan A Investments Limited