On 23 May 2024, the Queensland Government passed the Residential Tenancies and Rooming Accommodation and Other Legislation Amendment Bill 2024 (the Bill). This Bill introduces the Stage 2 rental law reforms. As your dedicated Property Management team we would like to update you on what you need to know about the new changes.
Stage 2 Rental Law Reforms commenced June 6th 2024:
- A lessor or Property Manager can no longer accept an offer from a tenant to pay rent above the advertised price
- A lessor or Property Manager can no longer accept an offer from a tenant to pay in advance if it is more than 1 month’s rent
- A New Code of Conduct is coming
- The tenant will be allowed to attached fixtures and making structural changes to a premises that are necessary for a tenants safety, security and accessibility
- Rent must not be increased within 12 months after the rent was last increased
- Domestic & Family Violence changes to Relevant Information
- New ‘Heads of Power’ to facilitate the industry
This requirement applies regardless of a change of tenant or lessor in the 12 months
- A rental increase MUST be calculated from the last increase even if this date was before the new laws commenced
- General Tenancy Agreements (Lease Agreements) will need to state when the last increase occurred; a tenant can request evidence of the last increase (including a copy of the last tenant’s Lease Agreement)
- If lessor believes they would be caused undue hardship because they are not able to increase rent within 12 months; they can make an application to QCAT for an order.
- The confidentiality requirements under domestic and family violence provisions will be expanded
- Some laws carry heavy penalties of $7000 per infringement
The second part of the legislative changes will commence at a later date upon proclamation;
- Property Managers will only be able to request limited information from a tenant in their application process, and use a Standard Form for Applications
- New verification of identity requirements will apply
- At least one fee-free rent payment method MUST be offered to the tenant
- Lessors will need to provide evidence to substantiate bond claims within 14 days
- Removal of maximum bond limit thresholds and a tenant will be permitted to seek a bond refund in some circumstances
- Bills for service charges & water consumption must be provided to the tenants within 4 weeks (unless water consumption charges relate to the end of tenancy)
- Entry notice period will be extended from 24 hours to 48 hours
- Entry of property will be limited to twice per week after a form 12 or form 13 has been issued
- Limiting Break Lease Fee costs
If you would like further information on these, please contact our friendly staff.