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NSW rolls out new rental reforms: What they mean for you
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Indian Link
These new rental laws are designed to provide more stability for renters and certainty for landlords and aim to improve the NSW rental market.
Valid reasons to end a leaseLandlords can no longer end a lease without a valid reason, as set out in legislation.
Additional renter protections on the wayAlongside these reforms, the NSW Government is introducing:Rent increase limits – capped at once a year across all lease types, including fixed-term and periodic agreements.
The NSW Government has also launched updated resources on the NSW Fair Trading website to guide renters and landlords through the changes.
NSW Rental Commissioner Trina Jones emphasised the government’s extensive engagement with renters, landlords, and industry stakeholders to ensure the reforms are practical and well understood.
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