According to a report by the Real Estate Institute of New South Wales (REINSW), The Landlord and Tenant (Amendment) Act 1948 (NSW) (LTA Act) will be repealed on July 1.
The LTA Act was originally introduced to
provide post-war housing, allowing rent control and security of tenure for
tenants, particularly servicemen and their families.
As part of the amendment, existing tenants and their spouses
will remain protected. However, succession rights for dependent children will
be axed.
The protection afforded by the LTA Act will continue to apply as
if it had not been repealed until the relevant tenant passes away, according to
The NSW government.
In addition, a spouse or de facto partner is covered if they
lived with the tenant immediately before the death.
Source: https://www.yourinvestmentpropertymag.com.au/news/landlord-and-tenant-act-to-be-revoked-263641.aspx
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Jason Gwerder
Thursday, 27 June 2019
