Tenants will now have to take some responsibility for careless damage to rental properties after the Residential Tenancies Amendment Bill (No. 2)passed its final reading in Parliament on Wednesday.
The new legislation is expected to encourage tenants to take better care of the property.
Under the new legislation, tenants will be liable for careless damage of up to four weeks of rent or their landlord’s insurance excess, whichever is lower. Their liability for careless damage will be capped at four weeks of market rent.
Also by limiting the damage to the lower of the landlord’s insurance and four weeks rent, it gives the tenant assurance they won’t have unlimited liability.