Another week has passed and there has been further updates to the impact on our industry.

The Residential Tenancies Amendment (Covid-19) Regulation 2020 commenced 15 April 2020. The Regulation implements the moratorium
on tenancy evictions for rental arrears due to a tenant being financially impacted by COVID-19. It also extends the eviction notice periods in certain circumstances to 90 days. In addition, there is a schedule that deals specifically with boarding house residents who are financially impacted by COVID-19.

You can read about the new residential tenancy measures on the NSW Fair Trading website here.

This video & Power Point presentation where REINSW President Leanne Pilkington and CEO Tim McKibbin are joined by Fiona Blayney from Real+ to discuss the Residential Tenancies Amendment (COVID-19) Regulation 2020 and Residential Property Management Relief Package is another useful resource to understand the impacts of the new amendment.

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