Understanding your responsibilities as a rental provider can sometimes be confusing. Below are some key factors and useful information when becoming a rental provider. As always, if you require clarification or more information, please contact our office on 03 5986 4900.
Under the Residential Tenancies Act 1997, urgent repairs in a rental property are:
The video below may help with understanding how repairs should be attended to.
Smoke alarms must be installed in all Victorian homes, units, flats and townhouses. Rental providers are responsible for fitting smoke alarms in rented properties.
Hard-wired smoke alarms with a battery back-up must be installed in all buildings constructed after 1 August 1997. Buildings constructed before that date can have a battery-powered smoke alarm.
Rooming houses (buildings where one or more rooms are available to rent, and four or more people in total can occupy those rooms) must have hard-wired smoke alarms.
Please click the link here to view our smoke alarm fact sheet.
On or before 29 March 2021, new legislation from the Residential Tenancy Act (VIC) will mean a significant increase in compliance and a range of new renter safety & compliance requirements:
Standard building insurance doesn’t necessarily cover you for common renter related risks.
As the owners of an investment property, it is important for you to have piece of mind that your physical assets and income derived from these, are protected.
With the multitude of policies available, here are a couple of companies we as Managers have dealt with and can recommend.
Let us know if you require information on these or others.
To view our rental provider instruction sheet, please click here