On 30th of July 2019 changes to the legislation around tenant damage and meth contamination were passed into law. The Residential Tenancies Amendment Act 2019 will: limit tenants’ liability for careless damage in rental properties to the landlord’s insurance policy excess…
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The requirement for 3 monthly property inspections forms part of most landlord insurance policies. A rental property that is inspected regularly is less likely to be ill treated by its tenants, and if the property does suffer some damage it is easier to establish what and when it happened. There…
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Do you know what goes on in your property? One of initio’s largest claims was contamination caused by a methamphetamine laboratory that was discovered during a police raid. While these kids are simply enjoying experimenting with their new science lab, the lab set up in your rental property might not…
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Andrew King, of the New Zealand Property Investors Federation, has written a common sense article on the consequences of meth in rental properties. The consequences of Meth in rental properties has been escalating over the last few years. Fortunately it isn’t the actual health consequences of meth in rentals (except…
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The New Zealand Herald has recently put the spotlight on a major issue affecting houses all over the country, P Labs. Homeowners are forking out millions of dollars to decontaminate P-riddled properties in a crisis that could rival the leaky homes disaster. In the worst cases, contaminated houses are destroyed.
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