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Victorian landlords bracing for new burdens

Changes to Victoria’s residential tenancy regulations have been described as an “unbalanced burden”, with landlords facing cost hikes and substantial increases in the time needed to manage their assets.

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Changes to Victoria's residential tenancies act will make renting more complex, and possibly more costly, for landlords and tenants. Photo: Shutterstock (Image source: Shutterstock.com)

Changes to Victoria’s residential tenancy regulations have been described as an “unbalanced burden”, with landlords facing cost hikes and substantial increases in the time needed to manage their assets.

From March 29, more than 120 changes to the state’s residential tenancy laws will be enacted, including reforms of how properties are advertised, what sort of information can be requested by a landlord or an agent, and alterations to rules govern…

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