“How does a rent reduction work for tenants in the Northern Territory?” Tenant, NT

We asked Ray White Darwin Business Development ManagerKate Nolan for her advice.

Kate said that in the NT, a rent reduction could take multiple forms.

“A rent reduction will either be offered via your property manager, or you can request one from your property manager yourself,” she said.

“Your property manager, in turn, will take your request to your landlord who will make a decision and instruct your property manager on how they would like to proceed.”

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“If a rent reduction has been agreed, then your property manager will ask you to sign a Memorandum Of Variation (MOV), which will detail the variation in the rent.”

This variation is the rent reduction from the agreed date and will be added to your lease agreement.

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Kate Nolan
Kate Nolan
Business Development Manager at Ray White Darwin | [email protected]

Kate Nolan was the Business Development Manager for Ray White Darwin in Stuart Park, Northern Territory. She was part of the property management team between 2018 and 2020 before moving to Newry in Northern Ireland, where she now works as a Rentals Manager for McVeigh Property Services. Kate has received numerous awards throughout her career. She was named 2019 REINT Business Development Manager of the Year and received the 2019 REINT Community Service Award.