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Signing Leases

When you sign a tenancy agreement you are entering into a legally binding relationship. Tenants and lessors should think carefully before entering into a tenancy agreement as once the agreement is signed it is too late to change your mind.

When a lessor grants a tenant the right to occupy property to use as a residential property, both parties have entered into a residential tenancy agreement and in accordance with the Residential Tenancies Act this must be in writing.

BEWARE OF LANDLORDS OR AGENTS WHO DO NOT WANT TO GIVE YOU A WRITTEN TENANCY AGREEMENT.

Can extra terms or conditions be added prior to the signing of the tenancy agreement?
In Queensland the prescribed form for the tenancy agreement can be obtain from the Residential Tenancies Authority. This form has been developed to protect the rights of both landlords and tenants; however there will be occasions when it will be necessary to add additional terms and conditions. If these terms are inconsistent with the standard terms and conditions, the terms are void and of no effect. It is illegal to try to contract out of the Act i.e. to add terms and conditions, which are inconsistent with the Residential Tenancies Act.

Can the tenancy agreement be changed after it has been signed?
Unless both parties are in agreement a tenancy agreement cannot be changed once it has be signed and executed.

Where did I put the…
When you sign your lease you will receive a number of documents. These will include the lease documentation, standard terms and conditions, receipts, RTA booklet, condition report along with other information supplied by our agency. It is easy to misplace all of this documentation. Keep rent related papers in a special folder. Rent receipts are vital as they provide proof you have paid regularly. Also remember to document any disputes and steps you’ve taken, correspondence sent etc.

Read the fine print…
It’s boring I know, but tenants need to know what they are signing up for. Read the lease and make sure you understand it before you sign it. Once it is signed it’s binding, even if you never move into the place.

Things to check…
Dates of tenancy, rental payments and how you must pay, when the rent can be increased, who takes care of common areas, who pays water charges, when is the lease to terminate.

Renting with others…
To state the bleeding obvious – what sort of person do you want to live with? Disputes between cotenants are a very common form of tenancy problem. Make sure you are compatible before co-signing a lease, ensure you both pay your share of the bond and the bond receipt is in both of your names. Ensure utilities are not all in your name or you risk being left with the lot.

Condition reports be careful…
When you sign your lease you will be given a condition report, which will have been completed by the agency. The condition report is both the agent’s and the tenant’s assessment of the state of repair or the general condition of the property. If a dispute arises as to the refund of your bond this document will be crucial piece of evidence, and therefore must be true and accurate from the outset.

You do not have to agree with the agency’s view of the condition of the property. You must complete this document sign it and return it to the agency within three days. This is your chance to get it right. Be careful and pedantic. Any marks on walls, floors or indeed anything, which will affect the appearance of the property, should be noted on this document. Remember at the end of your tenancy this is the document that will be relied upon to establish the entry condition of the property and consequently the refund of your bond. Do not try to rely on memory. Your property manager will probably be managing hundreds of properties and has no chance of remembering the condition of the property months later or even possibly years later

     
     
 
 
 

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Cairns

17 Aplin Street, Cairns 4870.
Phone: +61 7 4041 1766
Fax: +61 7 4041 1770

GWAA Corporate license 1504010, David Alex Witten Real Estate License 1501413, David Alex Witten Auctioneer License 1700448.

 

 
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