Gain a comprehensive understanding of the latest changes to residential tenancy laws in Queensland under the Residential Tenancies and Rooming Accommodation and Other Legislation Amendment Act 2024 reforms. With significant implications to investors, owners, buyers and sellers you will need to ensure your property law practice is well prepared. Don’t run the risk of non-compliance with new bans on rent bidding, restrictions on rent in advance, changes affecting re-letting cost, new fixtures and structural alteration provisions and much more. With significant legal, financial, and operational risks for your clients, benefit from expert guidance and ensure your knowledge is up to the minute!
Description
Attend and earn 1 CPD unit in Substantive Law
This program is based on QLD legislation
1.00pm to 2.00pm Critical Changes to Residential Tenancies Queensland: Impacts on Owners, Buyers and Sellers
Residential tenancy law in Queensland is continuing to change. These laws, which have a significant impact on anyone leasing a residential property or buying or selling an investment property, are complex and need to be properly understood and dealt with to avoid potentially significant penalties and loss of rights. This session will:
- Explore the expanded rent increase frequency cap, which now restricts rent increases within a 12-month period on a property rather than tenancy basis, and how this impact needs to be considered and addressed in contracts and tenancy management
- Unpack the upcoming changes to rental application processes, including standardised application forms and restrictions on collecting and using information
- Provide guidance on the restrictions on rent bidding, reletting costs and recovery of service charges
- Consider the new fixtures and structural alteration provisions, including how these apply for body corporate units
- Consider the impact of other key changes in recent years, including:
- Restrictions on terminating residential tenancy agreements, particularly the removal of ‘without grounds’ termination for periodic tenancies
- The minimum housing standards
- Tenants’ rights to keep pets and the limited grounds where consent can be refused
Presented by Emile McPhee, Special Counsel, McCullough Robertson Lawyers
Presenters
Emile McPhee, Special Counsel, McCullough Robertson Lawyers
Emile is a Special Counsel in our Banking & Finance and Property teams, with specialisations in property finance, retirement living and affordable housing (including SDA). His skills across both finance and property, prior experience in private client structuring and understanding of commercial drivers, present a holistic offering for his clients. In the finance space, Emile acts for both lenders and borrowers on property finance arrangements, including high rise and flat land developments; retail, commercial and industrial leasing portfolios; retirement village, aged care and land lease communities; and social and affordable housing including specialist disability accommodation (SDA). He also acts for retirement village scheme operators in all aspects of retirement villages (including acquisition and leasing). Emile also has significant experience in retail and commercial leasing, acquisitions and disposals, fund through arrangements and property structuring and management.
