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  • NZ Property Investor

    DOWN TO BUSINESS

    Mar 25, 2021 2 minutes
    BERNARD PARKER
    ‘To own or manage a rental property is to operate a business and it must be treated like a business’

    One of the key changes to emerge from the Residential Tenancies Amendment Act 2020 (RTAA) was a significant increase in penalties for noncompliance.

    Maximum penalties for exemplary damages have almost doubled. Understandably, any talk of increased fines can be quick to cause

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