������Ƶ

The Rent Arrears Agreement Letter is a crucial document used in New Zealand's residential tenancy context when tenants have fallen behind in their rent payments. This document serves multiple purposes: it formally acknowledges the existence of rent arrears, provides a detailed breakdown of the outstanding amount, and establishes a mutually agreed payment plan for resolving the debt. Used primarily by landlords, property managers, and property management companies, it must comply with the Residential Tenancies Act 1986 and related New Zealand legislation. The letter typically includes specific payment terms, deadlines, and consequences of non-compliance, while also providing a framework for resolving the arrears situation amicably. This document can be particularly important if the matter later requires Tenancy Tribunal intervention, as it demonstrates attempts to resolve the situation formally.

1. Sender Details: Full name, address, and contact information of the landlord/property manager

2. Date: Current date of the letter

3. Recipient Details: Tenant's full name and address

4. Reference Line: Property address and tenancy reference number if applicable

5. Subject Line: Clear indication that this is regarding rent arrears

6. Current Arrears Statement: Detailed breakdown of the outstanding rent amount and periods

7. Payment Terms: Proposed payment plan or settlement terms

8. Legal Obligations: Reference to relevant sections of the Residential Tenancies Act and tenant's obligations

9. Timeline and Deadlines: Clear deadlines for response and payment

10. Signature Block: Sender's signature, name, and role