Viewing entries posted in December 2011
Q: I am a tenant and my landlord wants to update the bathroom. Am I entitled to any compensation for not being able to use the bathroom during this time?
If a landlord reduces or withdraws any goods, services or facilities that were provided with the premises, the tenant can make a written request for a reduction in rent. A tenant can apply to the Consumer, Trader and Tenancy Tribunal for orders about a rent reduction under such circumstances.
Related Information
CPD Courses (http://www.pts.edu.au)
Q: Where does the agent or landlord stand when they have advised tenants that access is required at a specific time and the tenant refuses entry or does not reply to the request, particularly in the case of inspections when the property is listed for sale
The residential tenancy law sets out a range of circumstances where a landlord or agent is able to access the premises. As long as the correct notice has been given to the tenant, their consent is not needed. NSW Fair Trading’s web pages on Privacy when renting (http://auc.tractionplatform.com/id=7364,18209992,40774478,257890,1?erl=http%3A%2F%2Fwww.fairtrading.nsw.gov.au%2FTenants_and_home_owners%2FRenting_a_home%2FDuring_a_tenancy%2FPrivacy_when_renting.html) and Right of entry page (http://auc.tractionplatform.com/id=7364,18209992,40774478,254422,1?erl=http%3A%2F%2Fwww.fairtrading.nsw.gov.au%2FTenants_and_home_owners%2FBeing_a_landlord%2FDuring_a_tenancy%2FRight_of_entry.html)include information about how much notice...
Q: What rights do tenants have when the owner is selling the property and requires frequent access for inspections? Can tenants be asked to leave during inspections?
If a landlord wants to sell a rental property, the tenant must be given 14 days written notice before the first property inspection. If the landlord intended to sell the premises but did not inform a new tenant of this fact before the lease was signed, the tenant can terminate the lease with 14 days notice and doesn’t have to...
Merry Christmas
PTS would like to thank all of our clients for their support in 2011, and we hope you and your family have a safe and happy holiday. Merry Christmas! See you in 2012!
Term of the Week - Lowball Offers
In tough times like the GFC of 2009 many investors will offer very low offers for properties just to test the waters. These are referred to as Lowball Offers. Although you may be tempted, try to avoid putting the investor offside - often they are wanting to see if there is a reaction in the hope of sniffing out a...
Word of the Week - Economic Obsolescence
A fall in your property value due to factors out of your control. For example when a rubbish dump is built next door.
Related Information
Real Estate Qualifications (http://www.pts.edu.au)
Time is of the Essence - Word of the Week
"Time is of the essence" is a term in contract law which indicates that the parties to the agreement must perform their part of the agreement by the time agreed by the parties. That means that it is necessary that all time limitations and requirements must be strictly observed.
The term is usually used where or if a delay will cause material...