Upcoming Changes to New Zealand’s Residential Tenancy Law
New Zealand’s Residential Tenancy Law is undergoing significant updates aimed at creating a fairer balance between landlords and tenants. As Beehive Property Management, we want to ensure you are informed about these key changes and how they may impact you.
1. New Rules for Ending Periodic Tenancies
For landlords: Starting January 30, 2025, landlords will be able to end periodic tenancies by giving 90 days’ notice without providing a specific reason. Additionally, if the landlord or their family intends to move into the property within 90 days after the tenancy ends, or if there is an unconditional sale requiring vacant possession, a 42-day notice can be given.
For tenants: Tenants can end a periodic tenancy by providing 21 days’ notice.
2. Changes to Fixed-Term Tenancies
From January 30, 2025, fixed-term tenancies will automatically convert to periodic tenancies upon expiry unless:
Either party gives notice within 90 to 21 days before the tenancy ends, without needing to provide a reason.
Both parties agree on another arrangement.
3. Introduction of a Pet Bond
To encourage pet-friendly rentals, landlords can now charge an additional pet bond of up to two weeks’ rent, separate from the standard four-week tenancy bond. This helps cover potential damage caused by pets.
4. Smoking Restrictions in Rental Properties
Landlords can explicitly prohibit tenants from smoking inside the rental property to maintain the property’s condition and safeguard the health of other occupants.
5. Ending Tenancies Due to Family Violence
If a tenant or their household member experiences family violence, they can end the tenancy early without financial penalty by providing appropriate documentation.
These updates aim to clarify rights and responsibilities for both landlords and tenants. At Beehive Property Management, we are committed to staying compliant with the latest regulations and supporting our clients through these changes.
For more details, visit the official tenancy law changes page: Tenancy law changes