A Residential Tenancy Agreement or ‘lease’ will be drawn up and is the legal contract that both you and your landlord must abide by. A lease should include information such as:
- Location of the property
- Total rent
- Amount of the bond
- Commencement and end date of your tenancy
- The landlords’ name
Lease/tenancy agreements differ between states, so please make sure you have the documentation from your appropriate state.
Never sign a blank form if you do not understand something. Contact the correct establishments and ask for advice.
PROPERTY MANAGEMENT GUIDE
A well-managed investment property can offer distinct advantages, including income and capital growth. As considerable sums of money are involved, you should take the time to develop a comprehensive understanding before you act. This booklet is the first step in the process and is designed to provide an overview of the considerations required for any owner of an investment property.