When drafting a new tenancy agreement, which statement must the landlord include and sign?
Correct Answer
C) An insulation statement giving the location, type and condition of all insulation.
Section 13A(1A) requires every tenancy agreement to include a signed landlord's statement on whether ceiling, floor and wall insulation exists and on its location, type and condition. Section 13A(1CA) also requires a signed healthy homes compliance statement. Both can be combined with one signature (s 13A(1DA)).
Why This Is the Correct Answer
Section 13A(1A) requires a signed insulation statement in each tenancy agreement.
Why the Other Options Are Wrong
Option A: A statement of the property's rateable value and its annual rates bill.
Rates information is not required content; s 13A(1A) requires the insulation statement.
Option B: A certificate from a registered valuer confirming the rent is market rent.
No valuer's certificate is required when setting rent.
Option D: A statement that the landlord has had a builder's report done within 12 months.
The Act does not require a builder's report as part of the agreement.
Background Knowledge for Property Management
Source: https://www.legislation.govt.nz/act/public/1986/0120/latest/whole.html
Exam Tip for Property Management
Insulation statement plus healthy homes statement in every new agreement.
Common Mistakes to Avoid on Property Management Questions
- •Assuming insulation details only need to be given if the tenant asks.
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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