Check out this interesting artilce from the New Zealand Herald about house prices compared with rents in New Zealand as well as a comparison on the rest of the world!
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10828334
When starting a new residential tenancy, the signing of the tenancy agreements represents two things; firstly, the tenant(s) agree(s) to pay the rent and take care of the property, secondly the landlord agrees to provide and maintain the property in a reasonable state of repair. If either party fails to hold up their end of the … Read more
Every new tenancy should start with a detailed move-in property condition inspection report. This was the reminder we were given by a recent Tenancy Tribunal decision, which ruled in favour of the tenants because the landlord’s report failed to provide an adequate benchmark of the property condition when the tenancy … Read more