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What exactly is a Housing New Zealand Home Lease?

April 26, 2017Home HOUSING lease new zealand

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What exactly is a Housing New Zealand Home Lease?

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A Housing New Zealand Home Lease is a contractual arrangement whereby HNZ “leases” your property from you and then “sub-leases” it out to its own tenants. HNZ “guarantee” you full market rent, regardless of the amount of rent being paid to them by their tenants.