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…
There is an old and much-heard theory in the marketplace that giving a property to several agents to find tenants and then rewarding that agent with the management will secure a tenant quicker. Not only is this untrue, it can…
Section 185 of the RTRA Act is clear and specific regarding Owners’ obligations to maintain the property throughout a tenancy. RTRA ACT – SECTION 185 – Lessor’s obligations generally (2) At the start of the tenancy, the lessor must ensure— …
Outdoor pools and spas at all rental properties must be fenced according to strict safety standards. All pool fences must be checked and certified by a licensed pool fence safety inspector and registered with the Queensland Government. This certificate must be…
Most Agencies require tenants to pay their first two weeks rent before they move into a property. This is not a ‘down payment’ or a ‘holding fee’ or a ‘deposit’. It is your first two weeks’ rent payment. Many tenants…
An Agent has a Duty of Care to both tenants and their Owner clients, to ensure that a Tenant moving into a property is on sufficient income to afford the rent. But what is deemed to be ‘sufficient’? There are…
A Lease Agreement can be signed by several tenants. Each tenant takes on equal responsibility for the Lease Agreement. A Change of Shared Tenancy is where the tenants’ names on a lease agreement are changed due to tenants moving out…
This is a term used quite extensively in residential tenancies. When a tenant vacates a property, agents and owners are cautioned to not make tenants responsible for anything that can be classed as ‘Fair Wear and Tear’. ‘Fair Wear and…
Property Owners have a responsibility to attend to all ‘Emergency’ repair issues without delay. Below is an excerpt from the Residential Tenancies Act, defining the meaning of ‘Emergency;. RTRA Act 2008 – SECTION 214 – Meaning of Emergency Repairs Emergency repairs are works…
Just like there are competent and incompetent people in every profession, there are excellent managing agents and useless ones. Hiring an incompetent agent is worse than managing the property yourself because you are led to believe all is being taken care…
In some states in Australia, it is common practice to take a ‘Pet Bond’ which can be used at the end of the lease to pay for any damage caused by pets. In Queensland we are NOT permitted to take extra…
No, they don’t. A Management Agreement states that the agent can sign official RTA forms on the owner’s behalf. Therefore, where there is provision for the ‘Owner’ to sign, the Agent signs as their representative.
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