Attention NSW Landlords & Tenants

April 17, 2020

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.