RECOMMENDATIONS TO PREPARE YOUR INVESTMENT PROPERTY READY TO LET
Legislative requirements and other steps to be attended to prior to a tenancy:-
o The premises and inclusions are to be clean and comply with local and state authority building regulations with it being safe and fit to live in
o A Safety Switch is to be installed for the Power Circuit. Owners of leased domestic residences must have had a safety switch installed for the power circuit of the residence after a residential tenancy agreement has been entered into.
o All windows and doors including cupboard doors open and close easily
o All locks are secure and operate effectively with keys
o Full sets of keys to be provided – one set for the managing Agent and one full set and access keys if applicable for each Tenant/s named as the lease holder/s under the lease agreement.
o The Property provides adequate security to enable Tenant/s to obtain contents insurance for personal items
o Carpets are professionally steam cleaned and the relevant receipt provided to your Agent
o Pest control is current and an annual service is a requirement
o All houses and units in QLD must have installed at least one nine volt battery-powered smoke alarm as a minimum legal requirement. A smoke alarm must be installed on or near the ceiling on any storey: between any area containing bedrooms and the rest of the house or unit eg hallways and on a storey not containing bedrooms on the most likely evacuation route from the storey. Recommendations are hard wired or 10 year lithium battery smoke alarms for cost effectiveness and reliability.
o All buildings that are not stand alone houses or townhouses are to comply with Building Fire Safety Regulations. Compliance is the Owner’s responsibility. Unit Owners are to check with the Body Corporate to confirm compliancy and annual requirements have been met or, if no Body Corporate is appointed, then Owners are required to arrange a qualified Company to ensure compliancy is met as per the Regulations.
o Telephone line installation approval has been given. (Tenant is responsible for the connection). Iif a telephone connection is not currently installed in the Property then you need to provide authority to your Agent to give permission to the Tenant to have one installed, and further authorise the Agent to reimburse the Tenant installation costs applicable at time of commencement of tenancy.
o If a unit or a townhouse – 2 copies of the By Laws are to be provided to the Managing Agent – one for the Agent’s file and one for the Tenant
If it is your own family home being rented out, we suggest the following:
• Re-direct mail via Australia Post
• Notify the Council of your forwarding address for Rates Notices if you have not instructed our Agency to pay the rates on your behalf
• Notify electricity, gas, phone and other utility companies to finalize accounts if applicable, and provide your forwarding address details
• Notify your Insurance Company and Mortgagee Holder of the change of occupancy status