Selling a Management (NZ): 2025 Guide for Property Managers

We’ve tailored our “Selling a Management” module for New Zealand. It covers selling with tenants in place, when 42 vs 90 days’ notice applies, how access and photography permissions work, and how to complete change-of-landlord and bond updates.

What’s new in 2025

• Buyer wants vacant (periodic): Give at least 42 days’ notice once the sale is unconditional and the agreement requires vacant possession.
• Market without a tenancy (periodic): Give 90 days’ notice and list within 90 days after the tenancy ends.
• Fixed-term: Can’t be ended early just because of a sale—either agree a surrender, sell with tenancy, or adjust settlement.
• Access & photos: Consent is required; tenants can refuse open homes/auctions and set reasonable conditions. Consider (optional) rent reduction to encourage cooperation.
• After settlement: Provide new landlord details and address for service; update bond record within 10 working days.

Key links

• Selling a rental property (scenarios, access, photos, notices)
• Change of landlord (steps and form) – form
• Changing information on a bond record (10 working days)
• Access rules / Serving notices
• RTA s47 – putting the premises on the market
• Mortgagee sale overview

Troubleshooting (click to expand)

Tenant refuses photos or open homesBuyer wants vacant but it’s fixed-termSettlement timeline planning (periodic)Change of landlord and bondMortgagee sale

Disclaimer: Practical guide only; always check Tenancy Services and the Residential Tenancies Act 1986 for the latest rules.