22-Oct-2020
APIA Blog
RSS Feed02-Aug-2020
You are about to be robbed. Put a stop to it.
After failing to pass The Residential Tenancies Amendment Bill through the standard legislative process, Hon Chris Hipkins, Leader of the House, made the extraordinary announcement last week that he would move to pass this bill into law under urgency on Tuesday 4th August just before the 52nd Parliament dissolves. This is a widely unpopular bill. 82% of New Zealanders opposes its sig... read more25-Jun-2020
218-1 Delayed: A stay, not a pardon
An update on 218-1 The Residential Tenancies Amendment Bill: the deadline for the Social Services and Community Select Committee to report back to Parliament has been pushed out from late June to 13th July. We look at what this means for landlords and where to from here in terms of our collective lobbying efforts. Background On the first week of the lockdown, the Ministry of ... read more19-May-2020
COVID-19 termination rules recap & a reminder for would-be vendors
As investors grapple with the economic effects of COVID-19, some may consider deleveraging by selling off a few under-performing properties. If these properties have tenants in situ then it is advisable for would-be vendors to be well aware of the new tenancy termination rules and plan well in advance. Tenancy termination during COVID-19 We specifically refer to the rules und... read more17-Mar-2020
Say NO! to 218-1
218-1 The Residential Tenancies Amendment Bill proposes to introduce sweeping changes that will, in our view, significantly impact the business of landlording. In fact, according to the REINZ, 82% of New Zealanders oppose the Bill's signature proposal to abolish the landlord's ability to terminate a tenancy with a 90-day notice. The public has until 25th of March 2020 to submit again... read more13-Mar-2020
Associated person - there is no there there
Some concerns have been raised about the application of the associated person rule (APR) vis-à-vis 218-1’s infringement offence regime. More specifically, how the rule interacts with the two-tiered penalty system that fines landlords with 6 or more tenancies twice the amount of what it would a landlord with 5 or less. We are aware of some interpretations out there suggesting that... read more11-Mar-2020
PSA: 218-1 is a bad bill!
The verdicts are in. 218-1 The Residential Tenancies Amendment Bill a bad piece of legislation and it is in dire need of being saved if it ever stands a chance at doing any good. The brief, the government intends for 218-1 to achieve the following objectives: Improve security of tenure; Empower tenants within their rented homes, the rental market and the rental system; and ... read more10-Mar-2020
Fact-checking 218-1
Every since 218-1 The Residential Tenancies Amendment Bill was released, there have been several statements made in an effort to summarise the effects of the Bill. Some statements are true, some are too broad-brush and should be qualified while others are entirely false. We've put together this quick fact-checker to held landlords understand 218-1 better: On the effects of the Bill ... read more10-Mar-2020
218-1 is a bad bill. Faleshood not needed here.
Background By now we expect 218-1 The Residential Tenancies Amendment Bill to be fairly bedded in. You’ve got to be living under a rock to not know about it. Information about the Bill is readily available. No major surprises there. Commentaries as to its effects is another story altogether. Some are logical, matter of fact and should go without saying (e.g. you can’t advertise a rental ... read more27-Feb-2020
Let's call a spade a spade
In light of the growing voice against The Residential Tenancies Amendment Bill 218-1 (2020), which the Associate Housing Minister Kris Faafoi is the face of, Mr Faafoi said the following, ‘…At the same time, the reforms protect the rights of landlords to terminate a tenancy under a range of justifiable reasons, including where a tenant has engaged in anti-social or illegal be... read moreRecent Posts
- Personal properties vs chattels
- Ending a fixed-term tenancy to sell
- Landlord held not liable for co-tenants' pets
- How much to increase rent by in response to RTAA 2020
- What's my HHS compliance date?
- Hard for you but su*ks for me
- Cause and consequence are two different things
- Brightline application for 'private transfer' of inherited properties
- Rent increase after substantial work: not a case of $1-in-$1-out
- Kelvin Davidson: It’s been an unprecedented year – the swings and roundabouts of 2020
Tags
minor dwelling market rent skill shortage Level 4 termination unitary plan extractor fan parry v inglis warren buffett Kris Pedersen Mortgages and Insurance shower dome lvr partners Investment tip HSWA rta damage Guest blog rental market ring-fencing initio Landlording meth rtaa2020 CCC opes partners tax television asbestos financial advisers act nzpif cgt privacy worksafe debt enforcement property maintenance business boarding house shortland chartered accountants mortgage sublease rent increase development insulation interest only speculator beginner investor CoreLogic relationship ocr finance khh letting fee auckland RTAA 2019 banking covid-19 recycling equity Standards New Zealand election2020 maintenance investment strategy Tribunal case study market smoke alarm HHS will DTI heating bond Property (Relationships) Act property value negotiation Gluckman positive cash flow property management yield LIM fixed-term tenancy return cat sale and purchase scotney williams airbnb RBNZ principal and interest off the plan trespass meth contamination Market report mindset p lab income gluckman report equity heater auckland council robert kiyosaki personal growth bankruptcy commerce commission data security How to Question and answer investor early termination Holler retaliatory notice letting house prices ventilation twg report property apprentice ask an expert cash-flow winz tenancy issues management rent kiwibuild buyer's agent building anti-social behaviour ird insurance Editor's Choice TCIT sale and purchas water bill subdivision wealth creation property cycle HHGA Must knows buying rules buying productivity clnz barfoot and thompson Investor story wins advice watercare bad tenant tenant holiday house inspection first home buying government warm up new zealand housing affordability tenancy tribunal rent arrears Case study capital gain structure property anz Jeff Bezos Sponsored post re agent rta reform quiet enjoyment reserve bank election 2017 legal interest rates landlord Q&A renovation rental wof Must know tenancy services trademe education brightline short-term rental bond form trust housing bubble
- advice (12)
- airbnb (4)
- anti-social behaviour (1)
- anz (4)
- asbestos (2)
- ask an expert (11)
- auckland (9)
- auckland council (6)
- bad tenant (2)
- banking (3)
- bankruptcy (1)
- barfoot and thompson (1)
- beginner investor (6)
- boarding house (1)
- bond (2)
- bond form (1)
- brightline (1)
- building (9)
- business (1)
- buyer's agent (1)
- buying (1)
- buying rules (1)
- capital gain (3)
- Case study (3)
- cash-flow (3)
- cat (1)
- CCC (2)
- cgt (2)
- clnz (6)
- commerce commission (1)
- CoreLogic (3)
- covid-19 (14)
- damage (3)
- data security (1)
- debt enforcement (2)
- development (5)
- DTI (2)
- early termination (1)
- Editor's Choice (28)
- education (2)
- election 2017 (1)
- election2020 (1)
- equity (1)
- extractor fan (1)
- finance (28)
- financial advisers act (1)
- first home buying (8)
- fixed-term tenancy (3)
- Gluckman (1)
- gluckman report (1)
- government (10)
- Guest blog (36)
- heater (3)
- heating (9)
- HHGA (6)
- HHS (18)
- holiday house (1)
- Holler (10)
- house prices (8)
- housing affordability (11)
- housing bubble (7)
- How to (37)
- HSWA (5)
- income (2)
- initio (2)
- inspection (2)
- insulation (12)
- insurance (9)
- interest only (1)
- interest rates (9)
- investment strategy (24)
- Investment tip (22)
- investor (43)
- Investor story (5)
- ird (1)
- Jeff Bezos (1)
- khh (2)
- kiwibuild (1)
- Kris Pedersen Mortgages and Insurance (10)
- landlord (82)
- Landlording (56)
- legal (5)
- letting (1)
- letting fee (2)
- Level 4 (2)
- LIM (2)
- lvr (7)
- maintenance (2)
- management (15)
- market (5)
- market rent (3)
- Market report (2)
- meth (5)
- meth contamination (7)
- mindset (1)
- minor dwelling (3)
- mortgage (6)
- Must know (43)
- Must knows (33)
- negotiation (2)
- nzpif (6)
- ocr (5)
- off the plan (1)
- opes partners (1)
- p lab (8)
- parry v inglis (2)
- partners (1)
- personal growth (4)
- positive cash flow (1)
- principal and interest (1)
- privacy (3)
- productivity (1)
- property (20)
- Property (Relationships) Act (1)
- property apprentice (1)
- property cycle (2)
- property maintenance (7)
- property management (22)
- property value (13)
- Q&A (73)
- Question and answer (70)
- quiet enjoyment (1)
- RBNZ (1)
- re agent (1)
- recycling equity (1)
- relationship (2)
- renovation (7)
- rent (8)
- rent arrears (6)
- rent increase (1)
- rental market (4)
- rental wof (1)
- reserve bank (11)
- retaliatory notice (1)
- return (3)
- ring-fencing (7)
- robert kiyosaki (1)
- rta (46)
- rta reform (2)
- RTAA 2019 (6)
- rtaa2020 (3)
- sale and purchas (1)
- sale and purchase (2)
- scotney williams (7)
- shortland chartered accountants (1)
- short-term rental (1)
- shower dome (1)
- skill shortage (1)
- smoke alarm (1)
- speculator (3)
- Sponsored post (14)
- Standards New Zealand (2)
- structure (1)
- subdivision (2)
- sublease (1)
- tax (12)
- TCIT (2)
- television (1)
- tenancy issues (81)
- tenancy services (7)
- tenancy tribunal (33)
- tenant (55)
- termination (8)
- trademe (1)
- trespass (1)
- Tribunal case study (6)
- trust (2)
- twg report (1)
- unitary plan (1)
- ventilation (2)
- warm up new zealand (1)
- warren buffett (3)
- water bill (6)
- watercare (7)
- wealth creation (2)
- will (1)
- wins (1)
- winz (1)
- worksafe (1)
- yield (1)