Attention NSW Landlords & Tenants
Emergency measures to protect tenants have been announced by the NSW Government;
The NSW Government is introducing a six-month support package to help landlords and tenants facing financial hardship due to COVID-19.
These measures include, if a household is struggling to make rental payments and has suffered a loss of income equal to or greater than 25 per cent due to COVID-19;
- A moratorium on applications for forced evictions due to rental arrears for those financially disadvantaged by COVID-19
- New requirements for landlords and tenants to enter into negotiations over rental payments in good faith
- Fair Trading’s dispute resolution service will be available to assist if the parties are unable to re-negotiate and agree on new rental arrangements
- Residential landlords would be eligible for a land tax waiver or rebate of up to 25 per cent if they passed the saving on to tenants in financial distress
All tenants who are not impacted by COVID-19 are expected to honour their existing tenancy agreements including paying all rent and charges in full.
For further information, please contact us directly.