New NSW Residential Tenancy Laws Explained
Commencing 23 March 2020, new NSW residential tenancy laws will come into effect.
The changes are fundamentally focused on improving tenants’ renting experience while ensuring landlords can effectively manage their properties. The changes aim to reduce disputes over repairs and maintenance, increase protection and certainty for tenants, and clarify the rights and obligations of tenants and landlords.
The following information highlights the key changes that will come into place, but to fully understand each amendment download our Changes to the NSW Residential Tenancy Laws guide here.
Summary of the key changes to the Tenancy Laws:
- Minimum standards to clarify ‘fit for habitation’
- New smoke alarm obligations for landlords
- Changes of a ‘minor nature
- Damage and removing modifications
- New mandatory set break fees for fixed term agreements
- Strengthened information disclosure requirements
- New material facts
- New information to be disclosed to prospective strata tenants
- Remedies for tenants for breaches to information disclosure requirements
- Water efficiency measures
- New rectification order process
- New standard form of agreement
- New condition report
- Giving landlord contact information to tenants
Find out exactly what this means to you as a property investor and as a renter and download our Changes to the NSW Residential Tenancy Laws guide here.
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