New legislation impacting tenancy agreements will take effect on the 1st November, allowing greater flexibility for tenants.
The following changes are being implemented:
Rent in advance
Tenants only have to pay 2 weeks rent in advance
Break lease fees
Break lease fees will be limited to 6 weeks total rent to be
paid by the tenant if a lease is terminated within 6 months of the original
lease agreement.
The fee is reduced to 4 weeks if the tenant discontinues the
lease after 6 months.
Pets
Landlords will have to apply to ACAT to refuse tenants from
having a pet in the property
Alterations
Tenants will also be able to make minor modifications if the
modifications can be restored to original condition at the end of the lease.
RealRenta Landlords have
the added advantage of time and date stamped interactions.
RealRenta Tenants can submit
all maintenance requests via the Platform and upload all necessary photos and
documentation.
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to 2 month and see why more and more investors are leaving traditional property
managers!
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Jason Gwerder
Wednesday, 9 October 2019
