Important Updates on South Australia’s Rental Reforms

Important Updates on South Australia’s Rental Reforms

Christies Beach about | Blog | Investment Information | Latest News | What's On 25th June, 2024 No Comments

“South Australia’s rental laws are being updated 1 July 2024 to improve protections for renters and ensure landlords can manage properties effectively”.

“It’s the biggest update of rental laws since they were introduced nearly 30 years ago and follows a review of the entire Residential Tenancies Act 1995“.

“Several changes have already been made in 2023, delivering more affordable rental bonds, banning the soliciting of rent bidding and better protecting tenant information”.

“In March 2024 it was ensured rent can’t be increased more than once in 12 months, new and tougher penalties were introduced to deter breaches of rental protections by better reflecting present day values and sub-letting at no extra cost can no longer be unreasonably refused”.

Read the full article here about: “longer notice periods, requiring prescribed reasons to terminate a tenancy, caps on routine inspections (4 per year) and more options for tenants experiencing domestic abuse”.

If you need assistance managing your property, avoiding misunderstandings, and ensuring everything is legally compliant, give us a call at 08 8382 3773 or email us at christiesbeach@professionals.com.au.