Belle Property

BELLE PROPERTY ESSENTIALS BEFORE LEASING 03 04 05 06 Appointing Belle Property Preparing your Property Marketing Launch Finalising the Lease – We prepare a signed Management Agency Agreement – You authorise a Marketing Budget – We book the photography and marketing – You approve the marketing material – We launch your marketing campaign and go live on the internet – We regularly update you on our progress with leasing – We qualify and recommend the right tenants – We arrange for a Tenancy Agreement to be signed – We conduct a written and photographic condition report – We collect and lodge the rental bond – We give the keys to the tenant Smoke Alarms They are required by law - ensure that they are installed and checked before tenants move in. We will ensure you have an annual maintenance agreement to ensure compliance with the law Locks Ensure that you have keys to all lockable doors and windows. A set is required for each leaseholder, plus an additional set would be required by your agency for access Presentation and Safety Look for small repair jobs that will enhance presentation e.g. loose railings, deck boards, painting and gardening etc. Check all appliances are in working order. We can recommend tradespeople if required Water Efficiency The new Residential Tenancies Act and Regulations states that in order to pass on water usage to your tenant, you must first become compliant with minimum standard for water efficiency and have a certificate of compliance Depreciation Report As a property investor you are legally entitled to claim the depreciation of your investment property against your taxable income. A depreciation schedule or depreciation report is a document which must be prepared by a certified quantity surveyor which provides a detailed description of your property and outlines the claimable deductions you’re entitled to Landlord Insurance Landlord’s insurance is one of the most important purchases a property investor can make and provides you with the peace of mind you’re looking for. Landlord Insurance covers you for tenant-related losses. Things like loss of rent due to a tenant breaking their lease or being evicted, or damage caused to your contents by tenants, like drink spills on carpets. Other insurance may not cover these events, and very often, the bond won’t be enough to cover the associated costs ESSENTIALS BEFORE LEASING