- 31 October, 2018
- PROPERTY MANAGEMENT
- Landlords, insulation, Healthy Homes
For many landlords the clock is ticking to meet the minimum requirement to have floor and ceiling insulation installed prior to the July deadline.
Landlords should organise to get this work done as soon as possible or at least book it before early next year or risk not having it done in time as suppliers become inundated with requests and fail to meet demand. As we expect early in the new year will see significant urgency and not enough capacity from suppliers to complete the install.
Landlords who don’t meet these standards by the deadline risk getting a $4,000 penalty payable to the tenant, and because of the public and political interest as well as the long lead in period we see no reason why the Tribunal wouldn’t make awards at the top end of the scale.
Our recommendation to landlords who are yet to comply is to make this a priority now to avoid any issues in the future.