INTRODUCTION OF NEW TENANCY LAW

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The start of a new year heralds an evolution of Queensland’s rental legislation with the introduction of the Residential Tenancies and Rooming Accommodation Act 2008. The legislation is the result of collaboration between the Queensland and consumer groups. The Act is designed to ensure that tenancy law remains relevant in an ever changing rental sector.

RTA General Manager, Fergus Smith, said that the new Act was the result of extensive community consultation and believe it strikes the right balance in protecting the rights of both lessors and tenants. It was passed in Parliament on 2 December, 2008, and will start on 1st July, 2009. While the new Act incorporates many of the provisions contained within the Residential Tenancies Act 1994 and Residential Services (Accommodation) Act 2002, there are a number of significant amendments such as:

• Requiring lessors and agents to advertise rental properties with a fixed price.

• Allowing tenants to challenge excessive rent increases between agreements if they are remaining in the premises with a new fixed agreement.

• Requiring a minimum period of six months between rent increases.

• Providing a TWO month notice period for terminating a fixed term agreement without grounds.

As always we will make the necessary changes to our processes to ensure you comply with these new Laws.

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