Top Tips For Renters - Part Two

Looking to rent a property? Here's part two of our top tips for renters, from the Real Estate Institute of Australia, which can bring you peace of mind.

Condition reports
When you move into the property, the real estate agent is required to complete a condition report. This documents the condition of the property when you take possession. Ensure you take the time to accurately complete this report to minimise disputes at the end of the tenancy. To further reduce disputes at the conclusion of tenancy, take photos of the property.

Pay rent on time
It is a condition on the tenancy agreement that rent must be paid on time and in accordance with the terms set out in the agreement. Paying your rent on time is your responsibility. It will also assist you at the end of the tenancy when you require a reference. .

Keep notes and records of conversation
Once you have entered into a tenancy agreement you should consider keeping notes and records of conversations that take place with the real estate agent to reduce the possibility of disputes or misunderstandings. It is advisable to follow up all conversations with a confirmation letter outlining your understanding of the situation. .

Routine inspections
It is generally a legal requirement for the real estate agent to regularly inspect the rental property to ensure that the property is being cared for properly. This will be specified in your rental agreement. Your co-operation with the real estate agent in arranging an appointment time for inspections will be appreciated. .

Repairs
Your right as a tenant is to live in a safe and habitable property and for your part, you have a responsibility to look after the property. Your rental property should be maintained in good repair. It's important to report problems or concerns in writing to your real estate agent. .

Rent increases
Rental increases are a common occurrence when renting a property. For a rental increase to occur the real estate agent must do so in accordance with any legislative requirements and issue tenants with the appropriate notice in writing. You should also check your lease. .

Insurance cover
It is the tenant's responsibility to insure their own belongings and furniture. With the ever-increasing incidence of burglary and theft, contents insurance can provide you with peace of mind. The owner's insurance does not cover the tenant's belongings.

Giving notice
Terminating a tenancy must be done in accordance with legislative requirements and the process set out in the tenancy agreement. When giving notice it is important to discuss the notice requirements with the real estate agent. You should always submit your notice in writing.

Communicate
Keep the lines of communication with the real estate agent open at all times. Honest, open communication is the best way to maintain a happy and professional ongoing relationship.