Tenant Information
Rental Bond
This is 4 weeks rent and is paid at the beginning of your tenancy. You are to have a Bank Cheque or Postal Money Order made out to the Office of Fair Trading for this amount. This bond is held for the duration of your tenancy and is held as security against damage, undue wear and tear and on final inspection, depending if the property is left in good condition and you have no monies owing, your bond will be promptly refunded to you.
Condition Report
Before you begin your tenancy with Investment Property Agents, we do a detailed inspection of the property and a condition report is done at the same time, of which the tenant gets a copy and has 7 days to return a signed copy back to our office. You have the opportunity to agree or disagree with what the property manager has noted. You, the tenant, keep a copy for your records.
Periodic Inspections
Periodic inspections are carried out during the course of your tenancy and 7 days notice is given to the tenant. These inspections are to check that the property is being maintained and see what routine maintenance is required.
Insurance
Because your contents and personal possessions are precious to you, we strongly recommend that you insure them against loss, damage and theft. The landlord or agent is not responsible for this. http://www.aami.com.au/home-insurance/renters-insurance
Vacating your Premises or Terminating Your Tenancy Agreement
If you are approaching the end of your lease agreement, however it has not as yet expired, you must give 14 days written notice.
If your lease has expired, you must give 21 days written notice.
If, for any reason you need to break the lease agreement, rent shall have to be paid until a new tenant can be secured.
You must leave your premises in a clean and well presented state and all keys are to be returned to Investment Property Agents. Your Property Manager will do a final inspection and providing that the above is adhered to and there are no outstanding monies owing, ie water and rent etc., your bond will be returned to you.
The above tips and procedures are only a guideline, for a more detailed view, read your copy of The Renting Guide located in your Investment Property Agents Tenant Pack.
Fair Trading Tenancy Guide
Link - http://www.fairtrading.nsw.gov.au/Factsheet_print/Tenants_and_home_owners/Renting_a_home/FTR72_New_tenant_checklist.pdf
Renting Property Investment NSW. Sydney Real Estate, Melbourne Real Estate, Australian Real Estate.