APIA Blog

So, no more letting fees as of today. Our expectation is that most landlords will bear the cost of letting. That said, there are still other costs relating to the assignment of a tenancy that the amendment has stayed silent on. Tenancy Services has put out a statement advising that "landlords and agents can still recover expenses reasonably incurred from a tenant if they wish ...

*Note that for the purpose of this article we will distinguish ‘letting’ from that of ‘property management’ as understood in the New Zealand context. From 12th December, letting fees will be 'abolished'. By now, you should have received communications from your property manager explaining if and how you will be affected. Many have already advised their new fee structures to help th...