After signing a tenancy agreement, a landlord decides to list the rental for sale. What must the landlord do?
Correct Answer
D) Tell the tenant in writing as soon as practicable that it is on the market.
Section 47(1) requires a landlord who puts the premises on the market for sale during a tenancy to give the tenant written notice as soon as practicable. Section 47(2) also requires a landlord offering premises for rent to tell prospective tenants if they are already on the market. Both failures are unlawful acts.
Why This Is the Correct Answer
Section 47(1) requires prompt written notice to the tenant when the property is put on the market.
Why the Other Options Are Wrong
Option A: Tell the tenant only once an unconditional sale agreement has been signed.
Section 47(1) requires notice when the property goes on the market, not at sale.
Option B: Give the tenant 90 days' notice to vacate before listing it for sale.
Listing a tenanted property does not require ending the tenancy.
Option C: Nothing, because the landlord's plans to sell are private business matters.
Failure to notify under s 47 is an unlawful act.
Background Knowledge for Property Management
Source: https://www.legislation.govt.nz/act/public/1986/0120/latest/whole.html
Exam Tip for Property Management
Selling a tenanted home: tell the tenant in writing as soon as it is listed.
Common Mistakes to Avoid on Property Management Questions
- •Waiting until a sale is confirmed before telling the tenant.
More Property Management Questions
How long does a landlord have to lodge a bond with Tenancy Services after receiving it from a tenant?
Which of the following is a mandatory requirement for all rental properties under the Healthy Homes standards?
A periodic tenancy began 8 months ago and the rent has never been raised. If the landlord gives written notice today, when is the earliest a rent increase can take effect?
A property manager discovers a tenant has been subletting rooms without permission for 6 months, generating significant income. The head tenant is otherwise compliant and rent is current. What factors would most influence the Tenancy Tribunal's decision on termination?
Under the Residential Tenancies Act 1986, what is the most a landlord can charge as a general bond (not counting any separate pet bond)?
- → Which of the following is NOT a mandatory requirement for tenancy agreements under the Residential Tenancies Act?
- → How much notice must a landlord give a tenant before conducting a routine property inspection?
- → A tenant has given 21 days' notice to terminate a periodic tenancy but wants to leave 5 days early. What must happen for this to be legally acceptable?
- → A tenant claims bond refund for $1,200 but the landlord disputes $400 for carpet cleaning. The tenant disagrees and applies to the Tenancy Tribunal. What happens to the bond during this dispute?
- → How often may a landlord carry out routine inspections during a tenancy?
- → A landlord wants to increase rent for a periodic tenancy. What is the minimum notice period they must give?
- → During a property inspection, a property manager discovers the tenant has installed a spa pool without permission. What is the most appropriate first step?
- → By what date did all private rental properties in New Zealand have to comply with the healthy homes standards?
- → A property manager conducts an inspection and finds the tenant has installed a heat pump without permission. The tenancy agreement prohibits alterations without consent. What can the landlord legally require?
- → During a property inspection, a landlord notices the tenant has changed the locks. Under what circumstances is this legally permitted?
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