As part of the COVID-19 Response Legislation Bill, measures are being taken to help businesses resolve disputes over commercial rent, as well as provide greater certainty for landlords and tenants by protecting residential tenancies from being terminated during COVID-19 Alert Level 4.
Arbitration will be required where landlords and tenants are unable to come to agreement about a fair rent proportion, unless they agree to an alternative dispute resolution process such as mediation.
The Residential Tenancies Act changes will enable restrictions against residential tenancy terminations to be switched on and off by Ministerial order.
Property Investors Federations executive officer Sharon Cullwick feels some of the measures are excessive.
She spoke to James Daniels and Tyler Adams.
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