What an agreement says and what the lease really is may be different. For example, your landlord may say that the contract is not a lease, but an “occupancy license.” After signing a rental agreement, the rental costs are set in stone until the end of the contract. In an emerging area where real estate values continue to grow, 12 months of fixed rents could cause you to miss a significant increase in market income. According to the Home Buying Institute, the average U.S. house price increased by 8.1% last year and prices are expected to rise by 6.5% over the next 12 months. This forecast was published in July 2018 and runs until the summer of 2019. The Data Protection Delegate has developed a new set of guidelines for renters on this issue: www.privacy.org.nz/news-and-publications/guidance-resources/privacy-act-guidance-for-landlords-and-tenants/ The statutory rights still enforce the rights indicated in a written or oral agreement. An agreement that indicates that you or your landlord has fewer rights than those given under common law or law is a fictitious lease. The lease is a contract between you and your landlord. It can be written or oral. The lease gives you and your landlord certain rights. For example, your right to occupy the accommodation and your landlord`s right to get rent for the rental of the accommodation. But if your landlord is a public institution like Housing New Zealand or a city council, you can only file a complaint with the Human Rights Commission.

Panda Tip: Water beds are a well-known danger to homeowners. Important protection for the landlord is important protection for the landlord by imposing a prohibition in the rental agreement or ensuring that the damage is covered by the tenant. Leases and leases can vary in terms of structure and flexibility. Some contracts may include. B a pet policy for tenant units, while others may include additional rules or regulations, for example. B excessive noise. Discrimination by landlords is one of the things that our rental right considers to be particularly serious. Tenants can claim compensation from the landlord in the tenants` court, but they can also require the landlord to pay an additional amount called “exemplary damages.” In the event of discrimination, this additional amount can be as high as $4,000. This clause defines a tenant`s obligations. According to landlord`s law, tenants have a special responsibility to preserve rental property.