Kamis, 02 Desember 2010

New renting laws to begin Janury 31st, 2011

The Governor of NSW has proclaimed that the Residential Tenancies Act 2010 will commence on January 31st 2011. Along with this proclamation comes the release of the final Residential Tenancies Regulation 2010. A copy of the regulation and the Governor's proclamation can be found here - click the link for the week beginning November 29 2010, and you should find them in the list...

This marks the completion of a reform process that has been many years in the making. The review of the current Residential Tenancies Act 1987 began with a discussion paper in 2005, followed by a long list of recommendations for reform in 2007. A consultation draft bill was released late in 2009. The final bill was passed through Parliament and assented in June 2010, whereupon it became an Act of Parliament.

When the new law commences next year, it will be the first big change to NSW renting laws in more than 20 years. We say "big change", because the complete rewriting of a law is nothing short of wholesale. But the expected changes are really very modest - as they're mostly aimed at tidying up and clarifying some tricky parts of the current law. That said, there are a couple of really exciting changes that we can all look forward to. For more information, see this earlier discussion from the Brown Couch.

There's a lot to do before the new laws commence, and things may become a little quiet on the Brown Couch while we get on with it all. Keep an eye on this blog and on www.tenants.org.au for updates as we make the necessary preparations.