Consultation on proposed regulation of residential property managers
The Government is seeking feedback on proposals for the regulation of residential property managers. The proposals aim to promote public confidence in the delivery of residential property management services and protect the interests of property owners, tenants and other consumers.
While residential property managers who are members of industry bodies follow minimum competency and practice standards, the sector as a whole is not regulated. With the New Zealand rental market changing and a greater portion of people renting, it is important to make sure that property owners and renters have confidence that property managers meet their legal obligations.
The proposed regulatory system includes registration, licencing, training and education requirements, together with industry practice standards and a complaints and disciplinary framework to hold property managers to account.
The discussion document and the submission form are available on our consultation website.
Read the Minister’s press release on the Beehive website.
Published: February 16, 2022