landlord

Knowing the Rights and Responsibilities of Lessors

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So you are all moved into your rental home and enjoying having your own space. Your furnishings are all in place and the kids are happily playing on the swings in the back yard.

You would already likely know that as the tenant, part of your rental agreement makes you responsible for maintaining the property, keeping it neat and tidy. But what of the responsibilities of the lessor, and what rights does the lessor have. After all, they have probably invested a great deal of money into the house you now call home. It’s good to be clear on these matters.

Brisbane property managers are experts in this area, and can help to answer many questions you may have. It stands to reason that the lessor has “rights”. So what are they? Basically the lessor has the right to expect that the “conditions of lease” are upheld by the tenant. This means such things as the rent being paid on time, any damage caused by the tenant, not including “fair wear and tear” to be paid for or repaired by the tenant.

The lessor also maintains the right to enter the property for the purpose of maintenance, repairs or inspection as long as proper notice is given to the tenant. In most cases this is 24 hours’ notice. Often and “Entry Notice” will be issued. On occasion, in emergency situations, the landlord may enter to prevent damage to the home without such notice.

As always, there are two sides to every coin. The lessor in addition to his rights has responsibilities. Again, most of these would be outlined in the rental agreement which are often explained by property management Brisbane agents. These include, providing a copy of the lease to the tenants, paying bond monies to the RTA and maintaining the property so that it remains in a clean liveable condition. It involves respecting the tenant’s right to privacy, and not encroaching on their enjoyment of the home unnecessarily. Lessor’s must also provide a full set of keys to the property and maintain all locks and keys in good working order. The lessor is also expected to pay rates and charges associated with the property, unless otherwise stated in the lease agreement.

In a nutshell, rental properties require a mutually respective relationship between all parties. So long as everyone understands the conditions of lease and all uphold their responsibilities, the interaction between tenant and lessor can and should be a positive experience. The tenants are able to enjoy a private home life, and the lessor can enjoy knowing that his investment is secure and well cared for. A win-win situation all round!