The NSW Government has announced major rental law changes, set to take effect from 19 May 2025. These reforms will significantly impact how landlords manage their properties, particularly regarding lease terminations, pet approvals, and rent payments. Staying informed is key to protecting your investment and ensuring compliance.
What’s Changing?
🔹 No-Grounds Evictions Ending
- Landlords must provide a valid reason to end a lease, such as selling the property, major renovations, or owner-occupation.
- In some cases, longer notice periods will apply.
- Tenants who receive an eviction notice but secure a new rental before the notice period ends will have the right to terminate their lease early.
🔹 New Rules for Pets in Rental Properties
- Tenants can apply to have a pet, and landlords can only refuse for specific reasons (e.g., owner-occupation or council restrictions).
- A standard application form will be introduced.
- If a landlord does not respond within 21 days, the pet request will be automatically approved.
🔹 Fee-Free Rent Payment Options
- Tenants must have access to free electronic payment methods, such as direct bank transfers.
- This prevents additional charges that could otherwise increase rental costs.
Further reforms, including stronger privacy protections for tenants and a portable rental bond scheme, are expected later in 2025.
At Wills Property it’s smooth sailing ahead
At Wills Property, we understand that these new reforms bring changes for both landlords and tenants. Our goal is to help property owners adapt smoothly while ensuring fair and positive rental experiences for everyone. With the right approach, it’s a win/win!
✅ Clear & Fair Lease Management — We help landlords navigate the new lease termination rules while ensuring tenants have clarity and security in their rental agreements.
✅ Balanced Pet Approvals — We assist landlords in managing pet applications fairly, helping to create pet-friendly homes while respecting owners’ rights to make informed decisions.
✅ Simple & Transparent Rent Collection — Our existing fee-free payment system already meets the new legislation, making rent payments easier for tenants while keeping transactions seamless for landlords.
✅ Proactive Support for a Smooth Transition — We’ll stay ahead of upcoming changes, including privacy protections and the rental bond scheme, ensuring landlords and tenants alike are well-informed and prepared.
WILLS PROPERTY
www.willsproperty.com.au