NZQA registered unit standard
Title Demonstrate knowledge of residential property rental
27495 version 2
Page 1 of 2
Level
Purpose
3 Credits 2
This unit standard is for people who intend to operate as a residential property letting agent in the real estate industry.
People credited with this unit standard are able to:
– compare different types of residential property rentals; and
– explain the process for variations and renewals of residential property tenancy agreements.
Classification Real Estate > Residential and Commercial Property
Management
Available grade Achieved
Explanatory notes
1 Legislation
Residential Tenancies Act 1986;
Residential Tenancies Amendment Act 2010; and all subsequent amendments and replacements.
2 References
Residential Property Managers Code of Practice is available from the Real Estate
Institute of New Zealand Inc. website at http://www.reinz.co.nz
.
3 Definition
Industry practice refers to activities of experienced, competent property management personnel which are in accordance with the Code of Practice and the Residential
Tenancies Act 1986.
Outcome 1
Compare different types of residential property rentals.
Evidence requirements
1.1 Rentals are compared in accordance with the Residential Tenancies Act 1986 and with reference to the forms used for the tenancy agreements.
Range rentals
– fixed-term, short fixed-term, periodic, boarding house.
ElectroTechnology Industry Training Organisation
SSB Code 100401

New Zealand Qualifications Authority 2020

NZQA registered unit standard
1.2
27495 version 2
Page 2 of 2
The features of tenancy agreements for short-stay holiday accommodation are outlined in accordance with industry practice.
Outcome 2
Explain the process for variations and renewals of residential property tenancy agreements.
Evidence requirements
2.1 Processes for variation and renewal of tenancy agreements are explained in accordance with the Residential Tenancies Act 1986.
Planned review date 31 December 2016
Status information and last date for assessment for superseded versions
Process Version Date Last Date for Assessment
Registration 1 18 August 2011 N/A
Revision 2 19 July 2012 N/A
Consent and Moderation Requirements (CMR) reference 0003
This CMR can be accessed at http://www.nzqa.govt.nz/framework/search/index.do
.
Please note
Providers must be granted consent to assess against standards (accredited) by NZQA, before they can report credits from assessment against unit standards or deliver courses of study leading to that assessment.
Industry Training Organisations must be granted consent to assess against standards by
NZQA before they can register credits from assessment against unit standards.
Providers and Industry Training Organisations, which have been granted consent and which are assessing against unit standards must engage with the moderation system that applies to those standards.
Requirements for consent to assess and an outline of the moderation system that applies to this standard are outlined in the Consent and Moderation Requirements (CMR). The
CMR also includes useful information about special requirements for organisations wishing to develop education and training programmes, such as minimum qualifications for tutors and assessors, and special resource requirements.
Comments on this unit standard
Please contact the ElectroTechnology Industry Training Organisation reviewcomments@etito.co.nz
if you wish to suggest changes to the content of this unit standard.
ElectroTechnology Industry Training Organisation
SSB Code 100401

New Zealand Qualifications Authority 2020