Property 101: Victorian property management law gets revamp

A critical Victorian property management law been given the go ahead for a much-needed revamp.

The outdated legislation governing the way notices are issued under the Residential Tenancies Act will be revamped in the next few months.

The change will allow for notices of entry to be sent electronically, whereas it currently has to be given by post.

The decision has come after changed to Australia Post's mail service earlier this year which lengthened the postal delivery times.

The REIV believes electronic delivery of notices will improve communication between key stakeholders.

 “The current legislation is no longer relevant," said REIV CEO Enzo Raimondo.

"A tenant may now wait up to a week to receive a notice in the post, which is redundant and impractical."

The proposed changes will allow notices of entry to be sent via e-mail.

“Timely and effective communication between tenants, property managers and landlords will go a long way towards improving these important relationships,” he said.

“The change is a positive one for all parties, including tenants.

"An email allows for a ‘read receipt’ to ensure that the notification is received.

“The changes are long overdue and the Victorian Government’s move to amend the legislation is definitely welcomed by industry.”