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Old 22nd November 2022, 12:11     #1331
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This is a good one:

Property managers to be regulated


Quote:
Residential property managers will soon need to be registered, trained, and licensed under new rules unveiled this morning.

...

Woods said complaints about property managers would be dealt with through a new regulatory framework.

Given 42 percent of rentals were looked after by property managers, it was important to have regulations in place given the access they have to homes.

"Sometimes tenants are vulnerable to poor behaviour from residential property managers, especially in a tight rental market. Following our moves to give tenants more protection through the Residential Tenancies Act, we made a manifesto commitment in 2020 to regulate residential property managers."

"This means that like many other professions such as real estate agents, builders and lawyers, they will have conduct and competency standards to abide by and if they don't, they can be held to account."
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