A “service address” is an address to which landlords or tenants receive communications and other documents relating to the lease agreement…. When the lease comes to an end and there has been no property damage, unpaid rent or other litigation, both parties will sign a loan repayment form and the loan will be repaid. Are you aware of the recent changes in leases? Toni Heath, Business Development Manager, explains the newcomers and the essential information needed for leases in New Zealand. In this case, the tenant sought compensation for this discrimination. The court ordered the landlord to pay him $550 in compensation (as well as additional compensation for other reasons) and stated that the landlord`s termination to terminate the lease was legally invalid – meaning the tenant could stay in the apartment. On the other hand, if your agreement stipulates that the lessor must give you 120 days` notice (four months), it is legally binding for the owner, because it is better for you than the minimum 90-day period provided by law. Can homeowners ask for key money? “Key money” is the money requested by the landlord to give you the rental contract (without rent, without borrowing, or brokerage or lawyer fees). It`s illegal. A landlord cannot ask for $100 before delivering the key to the house or for a $50 deposit on a washing machine or money for anything that comes with the lease. Leases must be established in writing and the lessor must give a copy to the tenant before the lease begins. However, even if there is no formal written agreement, the Housing Act applies. Landlords and tenants cannot evade their obligations by not providing their agreement in writing. Fixed-term leases apply for the period set out in the lease.
Neither the tenant nor the landlord can terminate the lease until the term expires. It is only the minimum information that must be included in the agreement. Other things can also be recorded as long as they do not seek to deprive you of the rights you have under the Tenancies Residential Act. (But if they try to remove them, they have no legal effect.) For rental bond applications, call 0800 737 666. If you have any questions about leases, please contact us. Your rental agreement must be written and it must be signed by both you and the owner. The lessor must provide you with a copy of the contract before the lease begins. If you extend the lease or make changes, they must also be made in writing.