Is your Property Manager in touch with up to date Legislation?
In this new technological age, changes to legislation can be swift. It is important that your Property Manager is kept abreast of all changes to minimise discrepancy before, during or even after a tenancy.
In the past 12 months, we have already received 4 changes in Residential Tenancy Legislation. These include changes to Bond Lodgements, Bond Claims, Online Bonds being compulsory for all agents as well as a Domestic Violence Protection Order for tenants when in a fixed term tenancy.
Does your Property Manager also have good knowledge of the Act when it comes to substandard properties? You may think substandard means the property is about ready to “cave in” but this is not the case.
Substandard properties can be as simple as the following items:
leaking or damaged roof
- missing or poorly maintained gutters/downpipes
- rotten woodwork and joinery
- sagging, cracked or damaged ceilings
- cracked or damp walls
- damaged, uneven or insufficiently supported floors
- inadequate supply or no supply of hot and cold water
- contaminated or no supply of drinking water
- plumbing, gas or electrical services that are not maintained or don’t meet regulation requirements
- inadequate kitchen, bathroom, toilet or laundry facilities
- inadequate natural light or ventilation
- missing or poorly fitted fly screens.
All rental properties must meet a specific legal standard. It is imperative that you and your Property Manager work together to maintain the property to the correct legal standard to ensure you get the maximum income from your investment.
By Property Manager, Stacey Baker