Arnold Property have managed this Investment for our clients since 2003. During this time, we have had a few excellent long-term tenants. The most recent tenant resided in this home for 11 years. When this tenant vacated there was barely any evidence of wear and & tear. When appraising this property, we did need to…Read More→
ADDITIONAL TERM – TELECOMMUNICATIONS SERVICES 60. The tenant agrees: 60.1 to leave, in the same manner of connection or operation, any telephone service installed in the residential premises at the commencement of this agreement; and 60.2 the availability of telephone or fax lines, internet services analogue, digital or cable television (and the adequacy of such
The Residential Tenancies Act is being reformed in 2025. Key reforms include: Landlords absorb bulk of interest rate hikes The Reserve Bank of Australia has debunked the myth that landlords are passing on increased mortgage costs to tenants, leading to unstainable rent increases. The RBA recently conducted a study using tax return data from Australian
The Residential Tenancy Agreement states the below: LANDLORD’S ACCESS TO THE PREMISES 24.8 The Landlord agrees to show the premises to prospective tenants on a reasonable number of occasions if the tenant is given reasonable notice on each occasion (this is only allowed during the last 14 days of the agreement). We do understand of
Did you know about this clause in the Residential Tenancy Agreement? Read More »
The Residential Tenancy Agreement states the below: ADDITIONAL TERM – GARAGE, STORGAE CAGE, OPEN CAR SPCAE OR OTHER STORAGE FACILITY (This clause does not apply if there is no garage, storage cage, open car space or other storage facility on the residential premises) 77. The tenant agrees that if the premises include a garage, then
Did you know about garages in Rental Properties? Read More »
Most Residential Tenancy Agreements start with a Fixed Term. Fixed Terms can vary from 6 months up to 5 years. May Tenants & Landlords like to start with a 12-month lease. F.A.Q’s What happens when the Fixed Term expires? Are all terms and conditions the same as those in the Fixed Term Agreement? Can the
This is a legally binding Agreement between a Landlord and Real Estate Agency/Property Management company. Without this document the Agent/Property Management Company Is not entitled to charge any fees. This document will include: To enter into a Management Agency Agreement the Landlord will be asked to provide proof of their identity as follows: The Landlord
The Entry Condition Report is a crucial part of this process. Landlords and Tenants have made their comments and exchanged photos that were taken at the beginning of the lease. The Bond Inspection is simply updating the Entry Condition and will include: The tenant must return the property in as near as possible condition to
What is the process for releasing a Rental Bond at the end of the Lease? Read More »
Damage to a rental property can be caused either accidentally or negligently. The question is who is liable for the repair? Tenant or Landlord? The answer is not straight forward, the cause needs to be investigated. Tenants are responsible for taking care of the property and to promptly report any damage or repair. Arnold Property
It is a legal requirement for a Landlord/Agent to provide a Condition Report to a tenant at the start of every tenancy. A Condition Report describes the condition of every room as well as the external areas of the property. Each room is broken down as follows: Walls Built-ins Doors Windows Screens Ceiling Light Fittings
