NZQA registered unit standard 27491 version 2 Page 1 of 4 Title Maintain tenanted residential property on an ongoing basis Level 4 Credits 10 Purpose 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: – conduct inspections of tenanted residential properties for maintenance purposes; – manage maintenance work and repairs for a residential property rental; – check calculations of invoices for maintenance costs and repairs for a residential rental property; – explain Code Compliance Certificate requirements; – explain requirements for insurance of tenanted residential properties; and – explain the procedures for resolving tenancy conflicts. Classification Real Estate > Residential and Commercial Property Management Available grade Achieved Explanatory notes 1 Reference Residential Property Managers Code of Practice is available from the Real Estate Institute of New Zealand Inc. website at http://www.reinz.co.nz. 2 Definitions 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. Maintenance work and repairs refers to minor items at an agreed value with the landlord. 3 Legislation Building Act 2004; Residential Tenancies Act 1986; Residential Tenancies Amendment Act 2010; and all subsequent amendments and replacements. 4 Assessment This unit standard must be assessed on the basis of evidence of demonstrated performance in the workplace or in simulated work situations designed to draw upon similar performance to that required in the workplace. ElectroTechnology Industry Training Organisation SSB Code 100401 New Zealand Qualifications Authority 2016 NZQA registered unit standard 27491 version 2 Page 2 of 4 Outcomes and evidence requirements Outcome 1 Conduct inspections of tenanted residential properties for maintenance purposes. Evidence requirements 1.1 Inspections are conducted, and reports completed in keeping with industry practice. 1.2 Landlords are advised of the need for repairs stemming from territorial authority health and safety requirements, and from the rights and obligations of landlords specified in the Residential Tenancies Act 1986. 1.3 Tenants are advised of their rights to require repairs, as specified in the Residential Tenancies Act 1986. 1.4 Obligations of the property manager are explained in terms of their contractual obligations regarding inspections and legislative requirements. Outcome 2 Manage maintenance work and repairs for a residential property rental. Evidence requirements 2.1 Maintenance work and repairs are managed in accordance with industry practice and company procedures. Range includes but is not limited to – taking a maintenance call from a tenant, contacting a contractor, scheduling repairs, setting up work orders, supervising and checking work done, paying contractor invoices, arranging for a contractor, checking contractor credentials, notifying landlord. Outcome 3 Check calculations of invoices for maintenance costs and repairs for a residential rental property. Evidence requirements 3.1 Calculations are accurate, complete and recorded against the residential rental property in accordance with company procedures. Range includes but is not limited to – hourly rate, hours charged, GST, costs of listed materials checked. ElectroTechnology Industry Training Organisation SSB Code 100401 New Zealand Qualifications Authority 2016 NZQA registered unit standard 27491 version 2 Page 3 of 4 Outcome 4 Explain Code Compliance Certificate requirements. Evidence requirements 4.1 Code Compliance Certificate requirements for residential properties are explained in accordance with the Building Act 2004. Outcome 5 Explain requirements for insurance of tenanted residential properties. Evidence requirements 5.1 Insurance requirements of owners and property managers, and the property management company, are explained in terms of risk management and in accordance with industry practice. 5.2 Key insurance terms are explained to landlords and tenants in accordance with industry practice. 5.3 Insurance requirements of tenants are explained in accordance with the Residential Tenancies Act 1986. Outcome 6 Explain the procedures for resolving tenancy conflicts. Evidence requirements 6.1 Conflict resolution procedures through negotiation with third parties are explained in accordance with industry practice. Range 6.2 third parties include but are not limited to – tenants, neighbours, tradesmen. Procedures, if resolution fails, are explained in accordance with industry practice. Range mediation, Tenancy Tribunal. Replacement information This unit standard replaced unit standard 4680. Planned review date 31 December 2016 ElectroTechnology Industry Training Organisation SSB Code 100401 New Zealand Qualifications Authority 2016 NZQA registered unit standard 27491 version 2 Page 4 of 4 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 2016