?> Changes to tenancy laws to come into force next year :: South Canterbury Property Investors' Association

South Canterbury Property Investors' Association

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south-canterbury@nzpif.org.nz

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Changes to tenancy laws to come into force next year

Apr 17, 2024 - 7.30pm

  Caroline Bay Community Lounge, Timaru Port, Timaru 7910

We will be keeping up to date with the newly announced tenancy changes.

The government will introduce a bill to Parliament in May, with the measures expected to come into effect in early 2025.

They include :

  • Reintroducing 90-day 'no cause' terminations for periodic tenancies, meaning landlords can end a periodic tenancy without requiring a specific reason.
  • Returning landlords' notice periods for ending a periodic tenancy to 42 days where:
  • they want to move themselves or a family member into the property, or
  • the tenancy agreement notes the property is usually used to house employees, and they want to move an employee into the property, or
  • where the property is subject to an unconditional agreement for sale requiring vacant possession.
  • Returning tenants' notice period for ending a periodic tenancy to 21 days.
  • Reintroducing landlords' ability to give notice to end a fixed-term tenancy at the end of the term without requiring a specific reason.