Agents collect rent from the tenants, deduct fees and any invoices payable, and then transfer the remaining funds to their owners all at once in what is called a ‘Disbursement’. Most agents perform a disbursement twice a month – at mid-month…
In some Australian states, tenants are required to pay their rent monthly. In Queensland, there are no specific requirements for how often tenants pay their rent, as long as they do not fall behind in their payments. Most tenants tend to…
In general, the Property Owner is responsible to pay for all routine maintenance on a rental property. The main exception is if the damage is a result of mistreatment by the tenants. For example, a kitchen cupboard hinge that is worn…
Once you engage a Sales Agent to market your property, they are required to advise the tenant via the ‘RTA Form 10 – Notice of Lessor’s Intention to Sell Premises’. This form must be signed by both the Sales Agent…
Tenancy laws state that a tenant must be given 24 HOURS’ NOTICE for an agent to bring prospective buyers through a tenanted property. Sales Agents who are not well-versed with the tenancy laws often make an error of judgement by assuming that…
The purpose of property inspections is to gain a snapshot of the condition of the property at regular intervals. During these inspections, any routine repairs or preventative maintenance may be identified to assist the owner in maintaining the property’s capital…
Commonly known as ‘Routine Inspections’, in Queensland these are generally performed once every 3-6 months. According to Legislation, 3 months is the MINIMUM time frame that an Agent/Owner must allow between inspections. The first inspection of a tenancy is the…
For routine maintenance (ie non-emergency), owners need to give the Tenants at least 24 hours’ written notice. This is normally done via the RTA Form 9 – Entry Notice. Less notice can be given, as long as the Tenants agree. This…
All disputes or matters concerning residents’ rights are to be treated the same for Rental Properties as for owner-occupied properties. As such, all complaints must be taken to the proper authorities such as the local council or Police. The Managing…
The Residential Tenancy Laws are very specific when it comes to rent raises. Once a Fixed-Term Lease is signed, the rent CANNOT be raised during the lease term unless it is clearly stated in the terms of the Agreement. At the lease…
Queensland Legislation requires Property Owners to arrange for smoke alarms to be checked within 30 days of a new lease or lease renewal. It is important to understand that Property Managers are NOT qualified to perform these checks. A good Managing…
The Queensland Tenancy laws are very specific about rent arrears and the process that should be taken when a tenant falls behind in rent. A good Agent should manage arrears on a daily basis. When a Tenant falls behind in…
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