Entering a residential lease?
Are you about to enter a lease?
If so, there are a number of documents that you should be provided, which include:
1. A copy of your lease – you should make sure that you are familiar with the terms of your lease prior to signing it. Not all leases are the same and certain terms can impact on your decision to live in the property (e.g. whether pets are allowed).
2. The New Tenant Checklist – this document contains important information that you should be aware of before entering a lease;
3. Two copies of the premises condition report – you should complete one copy of the condition report and return it to your landlord or the managing agent within 7 days. It is important that you take the time to fill out the report accurately and with as much detail as possible. This document may be useful in the event there is a dispute between you and the landlord in the future. For example, the condition report may be used as evidence to determine who should pay for the cleaning of the property.
4. If the property contains a pool or spa, you should be provided with a copy of a valid certificate of compliance or occupation certificate (issued within the last 3 years). This does not apply to a property in a strata or community scheme with more than two lots.
If you do choose to enter into a lease, you are not required to pay more than:
- 2 weeks rent in advance; or
- 4 weeks rent as a rental bond.
Also, the landlord or agent is not permitted to charge you for the cost of:
- preparing the lease; or
- the initial supply of the property’s keys or security devices to you.
If you require any further information in relation to entering a lease, please contact our team of lawyers at The Quinn Group on (02) 9223 9166 or submit an online enquiry form today.