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Landlords shocked by new pet rule

Press coverage 25 February 2020 Summary of published coverage
Landlords shocked by new pet rule

The Northern Territory government pressed ahead with Residential Tenancies Act amendments allowing tenants to keep pets unless landlords object to the civil tribunal within 14 days, despite its own scrutiny committee warning the change would burden owners. PIPA chairperson Peter Koulizos said the rules could push some investors to sell, although Darwin values had fallen 8.1 per cent over the year and many would crystallise a loss.

Reported by

Gerv Tacadena, Your Investment Property, 25 February 2020

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