Renting Properties Carry Rights & ObligationsTenants and Landlords Should Have Written AgreementsSep 14, 2009 Pauline Mascarenhas
When renting a residential flat or house it is prudent to put in place a written agreement covering the rights and responsibilities of both the tenant and the landlord.
In Australia most rental properties are leased through professional property managers. Each state has its own Real Estate Institute membership and produces a standard property lease document, which complies with the tenancy laws of that state, that can be accessed by their members. REIWA (Real Estate Institute of Western Australia) is specific to the state of Western Australia. If a property is not being leased through professionals, then landlords and tenants should ensure that a written agreement is in place. Items to be Covered by a Tenancy AgreementA tenancy (or lease) agreement should clearly outline the rights of the tenants and the responsibilities of the landlord. It should also document the obligations of the tenants. Rights of Tenants and Responsibilities of LandlordsAlthough the tenancy laws may vary from state to state, the basics covered will be:
Obligations of TenantsUnder the tenancy laws there are certain obligations on the part of the tenants. These include:
Having a formal tenancy agreement, which clearly sets out the rights and responsibilities of the tenant and the landlord as well as the obligations of the tenant, lessens the chances of disputes arising between the tenant and the landlord.
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