News March 8, 2023

Weather-related Rent Changes | Palace

https://vimeo.com/798069153

The recent weather devastation in New Zealand has created incredible challenges for homeowners, tenants, and property managers.

Many property managers have never had to work through a situation where a property they manage is no longer safe to live in or which may cause harm to the health of residents.

Mandy Welch from eknows and Joanne Rae from REINZ discuss work that will be required in terms of updating new rent rates or calculating rent periods at zero, or even where the rent has been paid to the property owner before the weather events and now they are overpaid.

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