Over the past few years there have been significant changes in rental legislation throughout the country. Some may feel that changes are long overdue and to others changes may seem unnecessary; and it’s fair to say that each change has caused divide within the industry to some extent. Understanding how these directly affect you as the property owner and your current or future position as landlord can be confusing, however, your property manager is well versed on changes and how they impact you and your property.
From alterations to notice periods, details on advertising your property for lease, pets in properties, limits to rental increases and changes to processes, with each change there may be adjustments or questions and your property manager welcomes you to contact with any questions, concerns or clarification. Each state and territory sets out their own legislation in regards to tenancies, so if your investment property is in a different state or territory to where you live, the requirements as a landlord may be slightly different to the state you reside in. Regardless, your property manager is at the forefront of any changes and will advise when and how (if at all) this will affect you and your property.
The RE/MAX Advantage property management team invests quality time to ensure we are up to speed on changes that will affect your property and tenancy and if you have concerns or questions, and welcome you to get in touch on 3348 0000.
While amendments and changes will continue to be reviewed and rolled out, remember it is business as usual for your property manager.