this post was submitted on 25 Aug 2024
2 points (100.0% liked)
Aotearoa / New Zealand
1653 readers
3 users here now
Kia ora and welcome to !newzealand, a place to share and discuss anything about Aotearoa in general
- For politics , please use [email protected]
- Shitposts, circlejerks, memes, and non-NZ topics belong in [email protected]
- If you need help using Lemmy.nz, go to [email protected]
- NZ regional and special interest communities
Rules:
FAQ ~ NZ Community List ~ Join Matrix chatroom
Banner image by Bernard Spragg
Got an idea for next month's banner?
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
As per the first tool, you don't have to sign the new lease and it automatically converts to a periodic tenancy. There is no need to sign a periodic tenancy, it happens automatically (so long as the last agreement was signed after Feb 2021).
They can still put up the rent, but only by giving 60 days notice and only if they haven't done it in the last 12 months.
In any case, you might want to leave, in which case you need to give at least 28 days notice (and it can't end before the end of the fixed term). You might want to stay, in which case you can just not sign anything, it automatically converts to periodic tenancy, but 60 days after they give notice the rent can go up (the fixed term ending has no relevance on this - they still can't do it earlier than 60 days).