First National Real Estate

LANDLORD AND TENANT AGREEMENTS This is a legally binding document, enforceable under the relevant state legislation. The legislation is designed to protect the consumer and is open to interpretation and change. It’s therefore important to have a sound working knowledge of the Act and also to be experienced in dealing with tribunal in the event of a dispute. Leases can be of varying terms but are generally set at six months or one year. The lease has standard and special conditions, as required, and will include the following: • Rental payments • Term of the lease/tenancy • Requirements of the landlord in clearly stated and obligations of the tenant fully outlined • Details of how vacation notice must be given, either by the landlord or tenant • Rental bonds • Special conditions as presented by the landlord/agent and agreed to by the tenant A LEASE/TENANCY AGREEMENT WILL BE PREPARED THAT SPECIFIES THE RIGHTS AND OBLIGATIONS OF THE LANDLORD, AGENT AND TENANT. PROPERTY MANAGEMENT GUIDE 29