PHOTO: Property managers are encouraging tenants to communicate with their landlords if they’re struggling financially because of the coronavirus crisis. Source: Supplied
Tenants struggling to pay rent in the wake of the coronavirus crisis should talk with their landlords about negotiating an alternative agreement, property managers say.
State parliament has endorsed several initiatives to help those whose incomes have been hit by COVID-19.
Why the time is right for first-home buyers
If it becomes law, landlords will not be able to increase rents or evict tenants who can’t pay rent as a result of financial distress throughout the declared emergency period.
Landlords will be able to use technology, including live video and time-stamped photos, for routine inspections, while tenants will be able to arrange to have repairs carried out.
READ MORE VIA NEWS.COM.AU
TOP VIEWED STORIES & PAGES
- Our Latest Thoughts On Property| Updated April 2020
- Aerial photos reveal Playboy mansion’s massive face-lift
- A step-by-step guide to using the coronavirus crisis to slash your rent by 50%
- NO NEED FOR PROPERTY PANIC: SEVEN WAYS KIWIS CAN MANAGE THEIR HOLDINGS THROUGH THE LOCKDOWN AND DOWNTURN
- Covid-19: how bad will it be for the economy? | The Economist
- Up to a third of mortgage holders don’t have a buffer for virus downturn | AUSTRALIA
- CELEBRITY: Ellen DeGeneres and wife Portia de Rossi purchase a sprawling Beverly Hills mansion