RESIDENTIAL PROPERTY
RENT bidding has been outlawed as part of a suite of new rental laws passed through Queensland Parliament, but overall they “missed the mark”, according to a major real estate body...
The Real Estate Institute of Queensland (REIQ) says while it is “celebrating some wins” from its submission that recommended 39 amendments to the Residential Tenancies and...
It means renters won’t have to bid more than advertised to secure a rental, that they’ll have their privacy protected and a new code of conduct will stamp out unprofessional practices...
Support for renters in the form of a rent relief package and the law changes to rent bidding formed one of five pillars of the Miles government’s ambitious $3.1 billion Homes for...
The newly-passed legislation will see Re-letting costs now limited based on how long is left on a fixed-term lease. Fee-free options must be provided to renters, and a property manager must...
While we remain gravely concerned about the impacts of attaching the 12-month rent increase frequency limit to a property rather than a tenancy agreement, there was some...
She said some of the REIQ’s significant concerns were addressed by a suite of eleventh-hour amendments to the legislation. They included a time limit that was...
Allowable timeframes for storing renter’s personal information will be consistent with legislation governing real estate professionals’ conduct. This has seen the storage...
Structural changes or fixtures requested by tenants in apartment and unit complexes will now need to be subject to body corporate approval...
Previously, there was no maximum rental bond if weekly rent was more than $700, but now a maximum limit of four weeks rent will apply to all general tenancies irrespective of...
Changes regarding formulating reletting fees could also see tenants paying far more in break lease fees than was previously permitted...
Mercorella said that she would have liked to have seen the government and opposition undertaking more consultation with stakeholders to ensure the legislation was practical and fair...