Latest Law Changes

Latest Law

Changes

.

New laws in effect from 6 June 2024

Maximum rent in advance

arrow_forward

A property manager/owner cannot, at the start of a new tenancy, solicit, accept or invite a tenant to pay more rent in advance that exceeds two weeks for a periodic tenancy agreement, a rooming accommodation agreement or movable dwelling tenancy agreement and one month for a fixed tenancy agreement, even if a prospective tenant makes an offer to pay more than the amount prescribed in the legislation.

Note: throughout the course of a tenancy, a tenant may negotiate how much rent in advance can be paid.

Rent bidding

arrow_forward

Rent bidding or accepting rent offers higher than the advertised price, are banned.

New laws in effect from 30 September 2024

Reletting costs

arrow_forward

Reletting costs – are calculated on the remaining time on the tenancy or rooming agreement and whether the fixed term agreement is greater or less than three years. For agreements up to three years it's the lower amount of the specified reletting costs or the rent until a new tenant/resident moves in.

Tenant Guide

Tenant Guide

.

Our Tenant Guide is here to provide you with everything you need to know about renting with Housit.

Inside, you’ll find a comprehensive move-in checklist, key property regulations, recommendations for renters’ insurance, and other important tenancy details. This guide is designed to help make your rental experience as smooth and enjoyable as possible.
Find Out More >