I&W Realty Renting Tips

 

Renting a property can be diffcult, especially after looking through many pages of real estate websites. We can give you some tips to apply for a rental property.

What are the tips ?

First Impression

Make a good impression at the property inspection, it wil help you to increase your chances of securing the property. You might facing other competitors for a single property that you like and securing it could mean paying more rent to over your competitors. However, to always ask the property manager how many people already sent application forms. If not many people competing you might have chance to negotiate for a lower price.

Rental Bond

Once you successful on your application, property manager will ask you to pay the rental bond. A rent bond is lodged with the RTA online, or by post, using a bond lodgement. The most bond you can be required to pay is an amount equal to 4 weeks rent (that is, the amount of rent you agreed to pay at the start of the tenancy). The bond is always refundable and will be refunded upen termination of the contract. The full bond is returned when the property is reutnred to property manager in the condition that you moved in.

Before you sign a lease

At the start of every tenancy, your landlord or agent should give you:

  • 1. A copy of New tenant checklist
  • 2. A copy of tenancy agreement
  • 3. 2 copies of the premises condition report
  • 4. In invitation to lodge the bond using Rental Bond online (RBO). or us RBO a bond lodgement form for you to sign, so that it can be lodged with Fair trading.

Before you sign the lease, make sure you read it thoroughly. If there is anything in the lease that you do not understand, ask questions. I&W Realty property management team can answer all of your questions.

Signing the tenancy agreement

After you pay the bond, the next step is signing the tenancy agreement which sometimes also involves paying the first 4 weeks rent. When you signing the tenancy agreement you will request few documents from landlord or property manager. Please see the check list below:

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