Stacey Holt (Real Estate Excellence Academy): Subscriber Update

sent via email to Subscribers of Real Estate Excellence www.realestateexcellence.com.au

Subscriber Update November 2011 – A Free Service to the industry

Knowledge is Power Property Managers

Today’s Licensee and Career Property Manager are required to have a sound knowledge of a vast and diverse range of compliance issues. A common misunderstanding in the industry is the role of the RTA (Residential Tenancies Authority). What must be remembered is the RTA only administers the Residential Tenancies and Rooming Accommodation Act 2008 and Regulation. The following matters that affect property managers daily in their careers are set out in different legislations and under other Government Departments. For more visit http://www.realestateexcellence.com.au/membership-information/cat_view/12-real-estate-news-and-media

Licensees’ fined $10000, $25000 and one banned for life

Seller Awarded $208 000 as contract was changed after buyer signed

Landlord Listing Booklet – New Service!

Contents	Page
Welcome to our agency	Provided (for final edit)
Our Team and Our Services	Provided (for final edit)
Lessor Obligations	Provided
Title Search requirements	Provided
Legal Impediment	Provided
Discrimination Law and Tenant Selection	Provided
Smoke Alarms and Safety Switches	Provided
Pool Safety Laws	Provided
Vacant possession requirements	Provided
Tenant rights and obligations under the RTRA Act	Provided
Entry to the property and notice periods	Provided
Maintenance obligations – emergency and routine	Provided
General risk management	Provided
Keys, locks and security	Provided
Rent arrears	Provided
Tenancy breaches	Provided
Water	Provided
Tenancy Agreement – the RTA Form 18a (the tenancy contract)	Provided
Special terms to the agreement	Provided
Garden/Tree Maintenance	Provided
Termination of tenancies	Provided
Tribunal	Provided
Disbursement of rental funds and the rental statement	Provided (for final edit)
Management Agreement	Provided
Landlord insurance	Provided
Public liability insurance	Provided
Budget recommendations	Provided
Our Communication policy	Provided (for final edit)
Our Privacy policy	Provided (for final edit)