Before deciding to rent a property there are a few rules and regulations that you need to take into consideration. A Residential Tenancy Agreement or ‘lease’ will be drawn up and is the legal contract that both you and your landlord must abide by. A lease should include information such as;
- Location of the property
- total rent
- amount of the bond
- commencement and end date of your tenancy
- the landlords’ name
Lease/tenancy agreements differ between states, so please make sure you have the documentation from your appropriate state. Tip: Never sign a blank form, if you do not understand something, then contact the correct establishments and ask for advice. Know your responsibilities when renting When renting, little problems can turn into big problems if you are not aware of who is responsible for taking care of the issues that may arise. As a tenant you are obliged to do the following:
- Keep the property clean
- Not cause damage to the premises
- Inform the landlord asap if any damage is done
- Ask for the landlords permission to install fixtures or make alterations, renovations etc
- Avoid causing a nuisance to the landlord or neighbours
- Do not participate in anything illegal on the property
The landlord is obliged to:
- Keep the premises in good repair
- Ensure the security of the property by making sure all doors have locks and windows are secure
- Immediately provide the tenant with a key after changing any locks
- Avoid disturbing the tenant unnecessarily
Once you have signed a lease / tenancy agreement and paid a bond you should be provided with a Condition Report. This report records the condition of the property. Check this report carefully and immediately discuss any issues you may have with the landlord. Tip: Photographs are a great way to record the condition of the property when you first move in. Keep these incase the landlord objects about returning your bond at the end of your tenancy.
What is a property condition report?
This is a report that is compiled at the commencement of a tenancy prior to your tenant moving into the property. This report outlines the condition of the property at the commencement of the tenancy and is used when the tenant vacates to ensure that the property is left in the same condition.
This is the last inspection carried out as soon as possible after the end of a tenancy, when the tenants have returned their keys. The Property Condition Report is used at this inspection and each item is checked off to make certain that the property is in the same condition as when the tenant took possession. It is at this inspection that any items that need to be rectified by the tenant are identified.
What is a Routine Inspection?
Routine inspections are conducted after a tenant takes possession of the property and are conducted every four months. These inspections are essential to ensure that your property is being maintained to an acceptable standard and to identify any maintenance that may be required. A copy of the routine inspection report is forwarded to you after each inspection and should it be necessary, a member of the PretendFN5 Property Management Team will contact you to discuss items noted on the report.
What happens when a tenant stops paying rent?
When a tenant falls behind in their rental payments they are issued with a notice of breach advising them that they are behind and requesting that they rectify the problem. If this is not done within the stipulated time period then a termination notice is issued requiring that they vacate the premises.