The rental process

Oct 10, 2022, 16:14 PM
Title : The rental process

Where should I look for properties?

These days most people use reiwa.com to find properties available to rent, however rentals can also be found in local newspapers.

If you find a property that attracts your interest contact the real estate agency to learn about opportunities to view the property in person.

What do I do once I find a property I'm interested in?

After viewing the property you can then make an application for it using standardised forms. These will be provided by the property manager.

The application form for a Lease Agreement will require you to confirm your identity, provide references and referees where applicable, provide evidence of your financial status and to commit to the terms of the agreement as explained to you by the owner or property manager.

The application also provides you with the opportunity to put forward any special conditions you want included in the lease agreement as well as consider any special conditions the owner may want to include in the lease agreement.

You may be asked to pay an Option Fee during the application process.

What happens after I have sent through the application?

Once the owner or property manager has considered your application, usually within one or two days, you will be contacted and advised of the outcome.

If successful, you can then make arrangements to meet with the property manager to sign a Lease Agreement.

You will also be required to pay two week’s rent in advance, plus a security bond. If you are permitted to keep a pet then your security bond can be increased by an extra $260.

The tenant’s security bond is lodged with the Bond Administrator which is a section of the State Government’s Department of Commerce.

Your rights and responsibilities are covered by the Residential Tenancies Act.

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