Frequently Asked Questions

Q. How often can I increase the rent?

A. Every six months with a 60 day notice of rent increase.

Q. How much notice must be given to a tenant before inspection of the property.

A. 48 hours. Make sure its communicated to the tenants and documented for future reference.

Q. How much notice must be given for access to make repairs.

A. 24 Hours. Make sure its communicated to the tenants and documented for future reference.

Q. Do tenants pay the total water bill?

A. The tenants only pay for metered charges. The owner will pay for fixed monthly charges which are outlined in each monthly water bill.

Q. How much bond can I charge?

A. 4 weeks is the maximum legally allowed. If there is a dog, I will also get one weeks rent as a pet bond.

Q. How much notice must a tenant give before they can vacate.

A. 21 days.

Q. How much notice must a landlord give to terminate a tenancy?

A. 90 days notice. or 42 days notice if the owner, or family member wants to move in.

 

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Published by

The property manager

Find out more at www.patrickrankin.co.nz

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