2 Mar 2022

License scheme for property managers 'simplistic & tick-box'

From Nine To Noon, 9:22 am on 2 March 2022

The government's plans to licence rental property managers has been criticised as a 'simplistic tick box exercise' by an industry association. The proposed scheme would see property managers subject to a code of compliance and a "fit and proper" person test.

Complaints by tenants or owners, could lead to fines of up to $40,000 for an individual manager, or $100, 000 thousand for a company. The Associate Housing Minister Poto Williams says the regime is intended to "to make things fairer for renters and landlords", and public submissions are open until mid next month. Kathryn speaks with David Pearse, Director of the Residential Property Managers Association and Ashok Jacob of Renters' United.

For rent sign in front of two-storey houses.

Photo: 123RF