Your Rights and Responsibilities while Leasing

If you are considering renting premises in liverpool Sydney, then you need to know what your rights and responsibilities are. The fair-trading website offers some practical advice on this topic and can become a valuable resource for you. The saying that “A mans home is his castle” is so true. When you come home its important to be able to relax and unwind, let go of the stresses of the day. That is why it is so important to understand what your rights and responsibilities are when it comes to renting a premises. If you understand these, then it will help you to resolve any issues you may have with a landlord, real estate agent, housemate or neighbours.
When you are renting through a real estate agency in Sydney, there are a few basic things that you need to know. Before you move in, you need to make note of how much noise is around the place and if you can handle these noise levels. You also need to take notice if any repairs need to be made and if the landlord/agent will make the repairs before you move in. It’s always good to have these items in writing.
Another important point is to find out how much the weekly rent is and how it is paid. If it is paid to the landlord then receipts need to be kept. Once you have been accepted as a tenant, the landlord or agent needs to supply you with a copy of the tenancy agreement.
The tenancy agreement is a legal document designed to protect the tenant and the landlord. This document is usually accompanied by a condition report, which is another report that lists the condition of a property. It is important that you inspect the property thoroughly and make sure you agree with what is on the condition report. A couple of tips for trouble free renting is to keep a copy of the tenancy agreement and condition report. If anything comes up or repairs need to be made, then be sure to contact your agent or landlord immediately, then maybe follow it up with a letter, be sure to keep a copy of the letter and the date it was sent.
There are many more tips for trouble free renting on the Fair-trading website at http://www.fairtrading.nsw.gov.au. This will give you all the information you need to know. The Property Management Team that you rent through should provide you with a tenancy agreement and also provide you with an information kit that tells you what your rights and responsibilities are. If they fail to provide this then don’t be afraid to speak up and tell them that they need to provide you with the tenancy agreement and information kit.

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