Rental property legislation amendments before state government: REINSW

Rental property legislation amendments before state government: REINSW
Rental property legislation amendments before state government: REINSW

A number of recommendations for rental property legislation amendments have been presented to the NSW government by the REINSW.

Suggested changes to the legislation include breaking a fixed term lease, electronic service of notices and alterations to property.

John Cunningham, president, REINSW said it was necessary to take action ahead of any proposed amendments to the Residential Tenancies Act 2010 (RTA) being released.

"The NSW Fair Trading Policy Department received the Institutes Position Statement late last month and he was now seeking a meeting with the new Minister for Innovation and Better Regulation Matthew Kean," he said.

“Our Position Statement specifically relates to the 27 recommendations tabled by the government in their Review Report for change to the RTA following on from their public consultation in 2016.

“We look forward to working with the new Minister to ensure that the rights of tenants and landlords are protected and are in line with the needs of today."  

The Amendment Bill is expected to be passed by government by mid 2017. 

Tags: 
rental properties Property Legislation

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