Infographic provided by Terri Scheer. To check out the original post, go to Landlord Checklist.
During a tenancy, the tenant has the right to enjoy the property as their own home.
The tenant and property manager/owner have responsibilities throughout the tenancy.
Knowing the rights and responsibilities of tenants and property managers/owners – and what to do in certain situations – can help make a tenancy run smoothly.
Q. What does a landlord legally have to provide?
A. Once a tenant moves in, a landlord is required to make repairs and conduct maintenance to keep the rental property in habitable condition. A habitable property is one that has adequate heating, water, electricity, cleanliness, and is structurally sound. Laws vary from state to state, and even from city to city, especially in the areas of fire, health, and safety.
Q. What are the landlord's repair responsibilities?
A. Although landlords are primarily responsible for ensuring the habitability of the rental property, both landlords and tenants are responsible for certain repairs.
PLEASE NOTE WELL: However, a landlord is not responsible for repairing damages that were caused by the tenant, or the tenant's family, or the tenant's guests, or the tenant's pets (and only authorised pets should be on the property and that includes tenant's guest's pets).
ENGAGE... U1ST REALTY AS YOUR PREFERRED PROPERTY MANAGER
U1st Realty property management fees.
Paying fair remuneration by way of management fees & charges to a reputable agent is one of the most critical decisions you will make as the owner of the property.
U1st Realty Property Management is built by property investors, borne out of the frustrations of dealing with agents who don’t even own property or care about the issues faced by owners.
We found that traditional agents lack the understanding and insight required to manage our own properties effectively. We would often encounter situations where our instructions weren’t followed, tenants were treated with disdain and maintenance issues dealt with poorly, ultimately resulting in a loss of income to us as investors.
We undertook to build our property management business that would address the 3 components we felt were lacking in traditional agencies:- Simplicity, Honesty and Transparency.
We hope you’ve found value in the information we have provided.
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DISCLAIMER: Past Performance does not indicate future performance. All investment is subject to risk and we strongly advise and encourage you to consider all the risks BEFORE making a decision to invest in real estate. U1st Realty Pty Ltd makes no guarantee or specific warranty of any future performance, forecasts, returns, yields, or capital growth of Australian real estate. The information provided by U1st Realty Pty Ltd or its authorised team members is not financial, accounting/tax, or legal advice! Let me reiterate, U1st Realty Pty Ltd encourages you to seek competent advice from a duly licenced professional who is skilled in the area that you are considering investing into BEFORE making a final decision to invest in Australian real estate.
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