If your proposed tenant is under 18 years of age they are a minor. They cannot make financial contracts as they can later claim they did not understand the contract you signed with them. There are 2 main Acts in law which you should use as your guide.. Minor’s Contracts Act 1969 and the Residential Tenancies Act 1986
Two possible solutions. Get ratification through the Tenancy Tribunal where a mediator will ratify that they understand, or alternatively have a parent or guardian as guarantor by adding their name to the Tenancy Agreement .
Landlord tip of the month. If you would like to share a Landlord tip we would love to hear from you at firstname.lastname@example.org . We are looking for short sharp 1 or 2 paragraph tips which will help us all. If we use your tip in a newsletter there will be a small gift in the mail in appreciation for your effort. :-)
One of the databases we search for you is LTNZ Driver’s License national database. BUT... we can only supply this check if you have inputted the DL three digit version number into the search page. (5B on a Driver’s License). We suggest you make a space for this Version number on your Application form so you remember to collect it prior to your TINZ check.
Since 1/4/12 The Office of the Privacy Commissioner has required you positively identify your prospective tenant before doing a credit check. If you check someone without their photoID being presented you are potentially breaching the privacy of the person whose non-photoID has been presented to you. Maximum $2000 fine.
If you input a valid driver’s licence which you have visually compared with the prospective tenant in front of you then you have done enough to satisfy the OPC. Upload a photo of it to TINZ and that is proof you saw the photoID … and we will give you a credit.
Don’t rely on the tenant giving you the details via phone or via on-line application form. Who knows it could be their sister or brother, who has good credit, whose photoID they have given unless you do the visual examination.
Birth certificates and WINZ customer cards should not be considered photoID due to the many incidences seen of them being swapped.
TINZ members....TINZ has always had lots of word of mouth referrals. Now we would like to say thanks and reward you for the next time you >>Refer a Friend
Free for Bulk Uploading available rentals from your software to HousesToRent.co.nz. Our facebook advertising is now in front of well over 100,000 kiwis every week. Tips for bulk uploading from software >>here
Suggestion Box. Many of the improvements we make on the website are directly linked to suggestions from our members. If you think we could do something different or better we would love to hear from you in our >>Suggestion Box<<
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Article of Interest
Rising rents next on politicians' agenda
Rising rents are likely to become as much of a political issue as unaffordable house prices, one commentator says...... >>read more<<
We are always happy to hear from you and assist in any way we can.