Renting out a property as a homeowner or investor can be a tricky legal process to navigate. Without knowing your landlord rights and responsibilities, you could get caught up in a nasty legal battle that could have been avoided. Below are the top landlord rights and responsibilities in Australia. So if you’re looking to rent out your home or are considering purchasing an investment property, the process is a little easier.
If you’re renting your property out there are property laws and regulations that protect you (and your property) from damage. As a landlord, you have a right:
- To enter the property for emergency repairs, general maintenance and routine inspections (with the right notification given, of course).
- To be paid for renting your property. If a tenant isn’t up to date on their rental payments, there are certain actions that can be taken to recover funds.
- To request a bond payment (of up to four weeks rent) to cover any damages or rent from the tenant when the lease is ended.
- To charge tenants for utilities used on the property. Electricity and gas are usually paid by the tenant, and excess water costs can be charged to the tenant in some cases.
On the other hand, you also have a responsibilities when it comes to owning an investment property. These include:
- Ensuring your property is liveable; it should be clean and safe for the tenants.
- Carrying out emergency repairs within 24 hours.
- Tenants are able to quietly enjoy the property; this means you can’t drop in uninvited, even if it is for maintenance.
Now you know your basic landlord rights and responsibilities as a landlord, the idea of owning an investment property is probably a lot less stressful! If you do end up in a legal battle with your tenants, there are plenty of options that can be taken to resolve the issue including mediation.
Australian property law differs for both tenants and landlords in every state, so it’s important to check with your local tenancy authority.
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