Posted On:- May 2, 2022, Rentals One Group Realty

The tenancy agreement is a legal document that governs your relationship with your landlord. It could be written or spoken. Both you and your landlord have specific rights under the tenancy agreement. Your right to inhabit the property and your landlord’s right to obtain rent for letting the property when it comes to House on rent in CraigieburnYou and your landlord may have developed tenancy arrangements, which will become part of the tenancy agreement if they do not conflict with the law. You and your landlord both have legal rights and responsibilities. The tenancy agreement can give you and your landlord more rights than you have under the law, but it cannot take away your legal rights. A tenancy agreement condition that offers you or your landlord rights that are less than your statutory rights cannot be enforced, explains the Real estate agents Epping

The following items can be found in a tenancy agreement:

Express terms: 

these are rights granted by law or arrangements established by custom and practise, and they do not need to be written in your tenancy agreement.

Implied terms:

these are rights granted by law or arrangements established by custom and practise, and they do not need to be written in your tenancy agreement.

What information and documents must the tenant receive?

Whether or not you have a signed tenancy agreement, your landlord can only charge you rent if they’ve given you their name and address. Your landlord must provide you with an address in the country. If the primary address is in another country, they must provide you with a second address in this country where they are getting the tenant. Any official documents or formal letters, such as your notice if you want to end the tenancy, must be sent to your landlord’s address You’ll still have to pay the backdated rent if you don’t pay your rent while waiting for your landlord’s contact information.

Points to consider

Even if the person renting is a family member or a friend, a formal agreement must always be used when renting. Before paying any money or committing to the tenancy, the renter should be handed the agreement, which they should read and ask questions about if they don’t understand anything.

Even if a renter does not have a written agreement, the law protects them.

If you find any maintenance issues after thoroughly checking the home, make sure they’re written into the leasing agreement with a deadline for them to be fixed.

Holding fee and tenancy agreement

On confirmation of your tenancy application, a landlord or agent may require you to pay a holding fee. One week’s rent is the maximum they can ask for. For example, in Queensland, the agent is prohibited from taking another holding deposit from a potential renter for 48 hours, whereas in NSW, the period is seven days. Make sure you talk to the agent about the time frame because you might be able to extend it. The cost is applied to your rent from the first day of your lease when you sign the tenancy agreement. If the landlord/agent refuses to enter into the tenancy agreement, or you refuse to enter into the tenancy agreement because the landlord/agent made any false or misleading statement, or they neglected to inform you of any material facts, the landlord/agent must return the cost.