Resources

Tenancy agreements

TENANCY AGREEMENT By FOX PM A residential tenancy agreement is a standard legal document that is governed by strict legislation. If a special condition is added that contradicts the legislation, the legislation overrides the special condition which then came become null and void if the matter is brought before ACAT. Inclusions outside of the standard inclusions should be considered and ratified by ACAT before being implemented.  Fox uses a modififed version of the standard residential tenancy agreement that is aligned to the directives of ACAT and protects tenants and lessors.  SHARE THIS RESOURCE Facebook Twitter Google-plus Linkedin Snapchat

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Portfolio growth

PORTFOLIO GROWTH By FOX PM Our sister company, http://www.pennyhyde.com.au/  is your buyers agent in Canberra specialising exclusively in buyer representation. We give clients a professional voice to their interests when purchasing real estate and our approach to real estate is simple; A commitment to excellence. We can offer you a comprehensive end to end service when trying to build and manage your portfolio through real estate by doing all the legwork for you.  SHARE THIS RESOURCE Facebook Twitter Google-plus Linkedin Snapchat

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Pest control

PEST CONTROL By FOX PM The Residential Tenancies Act 1997 does not say that if a tenant or lessor is responsible for pest control however it does state that a lessor must provide the property in a state fit to live in. It also states that a tenant must keep the property clean. If a pest infestation is not caused by the actions of a tenant  (such as termites) then the onus falls to the lessor as part of their responsibility to maintain the premises. Just like our preferred pest control company https://bugalugspest.com.au/ we believe that prevention is protection. SHARE THIS RESOURCE

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Pets

PETS By FOX PM Finding accommodation that accepts pets can be hard. We welcome tenants with pets but we do ask a few things of them first. We want to know the full background and behavioural tendencies of the animal which allows them to show how responsible they are, and how good their pet is so we seek pet references for animals applying for our properties. We also have a special pet clause that is included into leases that states, amongst other things, that the tenant is liable for any damage or injury caused and ensures that the property is

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Preparing for tenants

preparing for Tenants By FOX PM The Residential Tenancies Act states that at the start of the tenancy, the lessor must ensure that the premises, including furniture, fittings and appliances unless excluded from the tenancy agreement, are fit for habitation; reasonably clean; and in a reasonable state of repair; and reasonably secure. We suggest a full clean, steam clean of carpets, and a tidy of the garden. Checking on any appliance niggles or repairs to doors, locks windows etc is advisable.  SHARE THIS RESOURCE Facebook Twitter Google-plus Linkedin Snapchat

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Rent and mortage

rent and mortgage By FOX PM The amount you can charge for rent and the mortgage payment are two seperate figures that don’t always match up. The rent is set by the market and is independent of the mortgage repayment amount. At Fox, we suggest that you consider keeping a kitty for property expenses, downtime between tenants or simply a shortfall between the rent and the mortgage figures so that you are not caught out of pocket or out of favour with the bank. SHARE THIS RESOURCE Facebook Twitter Google-plus Linkedin Snapchat

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Safety compliance

safety compliance By FOX PM Our legislation is clear on what the requirements are of a lessor when providing a property ot a tenant with regard to the health and wellbeing of the property. Recent changes now mean that a lessor must install and maintain smoke alarms in the premises. At the start of the tenancy, the lessor must also ensure that the premises, including furniture, fittings and appliances (unless excluded from the tenancy agreement), are— (a) fit for habitation; and (b) reasonably clean; and (c) in a reasonable state of repair; and (d) reasonably secure. The lessor or the

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