RENTED HOUSES.

Manawatu Herald, Volume XLIX, Issue 3787, 3 May 1928, Page 3

RENTED HOUSES.

CHANGED PROVISIONS NOW , OPERATIVE. On and after May Ist, in accordance with the Rent Restriction Act, 1926, as amended by the Rent Restriction Continuance Act, 1927, the rent restriction provisions of the laAv Avill cease to apply to any dAvelling-house unless or until the tenant makes application to the Magistrate to have it re-applied to his dwelling and until the Magistrate makes an order accordingly. The Magistrate will base his decision on the relative hardships of the tenant and landlord. Application to have the Acts reapplied to his dwelling may be made either by the tenant personally through the Clerk of the Magistrate’s Court, or he may apply to the Inspector of Factories to make application on his behalf. While a tenant ,may make application at any time it is not necessary for him to take the initiative. He will not be affected until his landlord gives him notice of his intention to raise the rent or to require him to give up possession of the dAvellinghouse. The tenant Avould then, if he so wished, apply to the Magistrate (either personally or through the Inspector of Factories as indicated above) for an order reapplying the Acts to the dAvellinghouse. On and after May Ist the basis of the stndard rent will be 7 per cent, of the current value of the dwelling-house instead of 7 per cent, of its value in 1914. This sum represents interest on the capital value. In addition, the teni ant will be required to pay such amount as may be determined by the Magistrate in respect of rates, insurance, depreciation, and iepairs. .The Acts will cease entirely to operate on Ist January, 1929, but up till then tenants may, at any time, make application to have the Acts re-applied to their dAvellinghouses.