Tuesday, November 9, 2010

'URGENT' REPAIRS


Most tenancy agreements state that the owner of the rental property is obliged to conduct ‘urgent repairs’ as they arise. What constitutes an ‘urgent’ repair and what happens when landlords try to ‘save money’ by refusing to carry it out?

Throughout Australia and New Zealand, landlords as well as tenants are subject to residential tenancy legislation. For example, in QLD landlords have to keep the property in good condition, they are obligated to lodge the bond with the Rental Bond Board, and there is a limit to the amount of bond that can be charged.
Urgent problems are usually defined as those that radically reduce the tenant’s ability to live in a property, such as a dangerous electrical fault, or serious infestation leading to large-scale structural damage.
A rental property owner who does not see to urgent repairs is asking to pay more for repairs in the long run as tenants have the right to hire qualified trades people to carry out urgent work and send the bill to the owner of the property. It is unlikely that a tenant will shop around for the best price, since ultimately the cost is legally payable by the owner.
Always remember to check with an experienced local property manager to make sure you are complying with all governing legislation and regulations.

http://www.localpropertynews.net/

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