COVID-19 - Client Update 14/4/2020

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COVID-19 - Client Update 14/4/2020

Everyone Matters REIQ releases templates for Urgent Review of Special COVID-19 Residential Property Protections

It is important that anyone whom recognises that Landlords are also needing to be protected at this time reads this link, and shares the message to Premier Palaszczuk’s email. This is how we will have our voice heard before Parliament sits on Wednesday 22 April 2020. Click on the link below for the steps. It is simple, and the Property market in Queensland depends on this: https://www.reiq.com/everyonematters/

Landlords, please read this letter: https://www.reiq.com/wp-content/uploads/2020/04/REIQ-Open-Letter-to-Landlords.pdf

Queensland Parliament sitting date announced

The Queensland Parliament website has been updated with a new sitting date of 22nd April 2020. Once Parliament has sat they will release the Notice Paper and any draft legislation relating the RTRA Act. Once I have an update on legislation I will update this blog and we can then implement a process going forward to manage any tenancy situations for the next 6 months that are affected directly by COVID-19. 

RTA Releases Form 18d General tenancy COVID-19 variation agreement  

The REIQ advised today that Property Managers/Owners must now use the RTA Form 18d (link below) for rent negotiations due to COVID-19. This is to be used when agreeing to a lower rent for a fixed period of time and is the only approved format to be used.

https://www.rta.qld.gov.au/~/media/Forms/Forms-for-general-tenancies/General_tenancy_COVID_19_variation_agreement_Form_18d.pdf?fbclid=IwAR3_7yPpf10j-9mNrYqDq_WOCu4I-wBUdNOqyNIJ0ZnJSedAMRArsE0yEmY