Important changes to the Tenancies Act re: Insulation that landlords need to be aware of
Why?
If your tenants complain to the ministry you could be up for a $4,000 fine.
You may have missed our emails regarding insulation. If so – contact your property manager now to discuss how we can get this sorted for you.
All residential rental homes will be required to have insulation to help keep a home warm in winter and cool in summer. Insulation statements are compulsory on all tenancy agreements signed since 1 July 2016. Landlord’s must disclose whether there is insulation in the rental home, where it is, what type and what condition it is in, so tenants can make an informed decision.
Ceiling and underfloor insulation will be compulsory in all rental homes from 1 July 2019 where it is reasonably practicable to install and it must comply with the regulations and be safely installed.
Please visit the Tenancy Services website for more details.