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Property ManagementProperty Manager Duties Under The REAAlevel4MEDIUM

A tenant wants to complain about a residential property manager who holds no real estate licence and failed to lodge the bond. Where should the complaint go?

Correct Answer

C) To Tenancy Services or the Tenancy Tribunal, not the Real Estate Authority.

The REA says it cannot assist with complaints about residential property managers unless they are also licensed, and points tenants to the Tenancy Tribunal. Tenancy Services can also act on unlawful acts such as failing to lodge a bond (s 19).

Answer Options
A
To the Real Estate Authority, which regulates all residential property managers.
B
To the Real Estate Agents Disciplinary Tribunal directly for a fine.
C
To Tenancy Services or the Tenancy Tribunal, not the Real Estate Authority.
D
To REINZ, the industry body that licenses property managers.

Why This Is the Correct Answer

The REA's complaint scope excludes unlicensed residential property managers.

Why the Other Options Are Wrong

Option A: To the Real Estate Authority, which regulates all residential property managers.

The REA says it cannot assist with complaints about unlicensed residential property managers.

Option B: To the Real Estate Agents Disciplinary Tribunal directly for a fine.

That Tribunal deals with licensees; this manager is not licensed.

Option D: To REINZ, the industry body that licenses property managers.

REINZ is a membership body and does not license property managers.

Background Knowledge for Property Management

Source: https://www.rea.govt.nz/make-a-complaint/

Exam Tip for Property Management

Residential tenancy dispute: Tenancy Tribunal, not the REA.

Common Mistakes to Avoid on Property Management Questions

  • โ€ขThinking the REA oversees all property managers.
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