There has been quite a lot of media buzz around the new Queensland tenancy legislation changes coming into effect 1st October 2022, so what does that mean for QLD investment property owners? Below I have listed the key takeaway points for you to be aware of as a landlord.
Pets – Owners will now only be able to deny a tenant’s pet request if there are reasonable grounds to do so. Reasons for a landlord to deny a pet could be the property is unsuitable for the pet (not enough space or fencing), keeping the pet would breach BC bylaws or council rules, keeping the pet is likely to cause property damage greater than the amount of bond held. Landlords are also able to approve a pet with special conditions such the pet be kept outside and professional carpet cleaning and pest treatments are required as part of the exit clean.
Ending a tenancy – The new legislation makes it very difficult for landlords to end periodic tenancy agreements. You need reasonable grounds to end a periodic tenancy; the property is being sold, the owner or owners relative is moving into the property, significant renovations etc. What Coastline Property is recommending to all our owners is to not offer tenants periodic leases, unless the owner knows that one of the above reasonable grounds will apply to them when issuing a notice to leave.
Minimum Housing Standards – From September 2023 there are new minimum requirements outlined to ensure properties are weatherproof and structurally sound. Some of the newly defined items include; functioning locks on all external windows and doors, premises must be free of vermin and mould, window coverings/modesty features to be provided on windows/doors where there is a reasonable expectation of privacy (bedrooms, bathrooms etc).
While these changes may feel like as a landlord you are losing some control over what happens at your investment property, with a diligent and proactive property manager looking after your interests there is not much added risk to you or your investment from October 1st! Please get in touch if you have any questions around the new legislation and how this may affect you.
