Taiwan launches transition plan for landlords after rental service suspension
Translated from Chinese, summarized and contextualized by DistantNews.
At a glance
- Taiwan's National Housing and Urban Development Center has launched a transition mechanism for landlords affected by the suspension of the "Hermit Crab" rental service.
- Over 2,500 landlords have registered their intent to transition to new management plans.
- The center is working with local rental service associations to ensure a smooth handover and continuous service for tenants.
Taiwan's National Housing and Urban Development Center has initiated a transition mechanism to assist landlords previously serviced by the "Hermit Crab" rental service, which recently suspended its operations. As of August 18, the center has contacted over 5,000 landlords and provided consultations, with more than 2,500 landlords completing their intent registration for the new arrangements.
The center is prioritizing landlords who have specific preferences for management companies under the fifth phase of the government's rental subsidy program. For those without designated companies, the center will arrange for new management through local rental service associations, employing a rotation system to ensure fair allocation. The center is also collaborating with these associations to address any landlord concerns regarding the assigned companies or service methods, making necessary adjustments to meet their needs.
Furthermore, the National Housing and Urban Development Center, in conjunction with the Ministry of the Interior, is developing a simplified procedure for the "Hermit Crab" cases. This streamlined process aims to guarantee that both landlords and tenants experience no interruption in services and that their rights are protected during the transition.
Regarding cases managed by Zhaoji Property Management, the center noted that this company continues to offer its rental management services normally. Zhaoji Property Management is reportedly working to resolve its financial issues, and therefore, its associated social housing rental management cases are not currently included in this special transition project. Landlords and tenants serviced by Zhaoji are advised to contact the company directly for any assistance.
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.