Changes to the Residential Tenancy Support Package

11 Nov 2021
Estate Agents Co-operative

The NSW Government announced this week, that it has made the Residential Tenancy Support Package more accessible. COVID impacted tenants can now apply directly for a rebate of up to $4,500, as long as their rent has been reduced by at least that much.

Claims for the extended Residential Tenancy Support Payment close on 31 December 2021.

Successful tenant claims will be paid into an agent’s trust or landlord’s rent account.

To be eligible for the Residential Tenancy Support Payment or land tax benefit, landlords will need to provide proof of a tenancy agreement and agree to reduce or waive rent payable from 14 July 2021 for a COVID-19 impacted tenant.

COVID-19 impacted tenants will need to show their household income has reduced by 25 per cent or more compared to the four weeks before 26 June 2021 due to COVID-19.

Tenants making a claim will need to provide proof of a tenancy agreement and have evidence to show they are or have been COVID-19 impacted since 14 July 2021.

Eligible tenants who are unable to get agreement or consent from their landlord or agent can get help from NSW Fair Trading by completing an application for rent negotiation on the website.

You can read the full release from the Minister for Better Regulation and Innovation, Kevin Anderson for further details.

If you or your team require any assistance, guidance or support, please reach out to our EAC support team on 1300 681 630.

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