Residential vs. Commercial Tenancies in New Zealand: A Guide for Landlords
Tenancies in New Zealand typically fall into two categories - residential or commercial. It is important for a landlord to understand the difference between the two. A residential tenancy refers to a tenancy where a property is being rented to live in. Residential tenancies are governed by the Residential Tenancies Act 1986 (“RTA”). The terms of a residential tenancy are ideally recorded in a Residential Tenancy Agreement signed by the landlord and tenant. In contrast, a co