DIY rental agreement

Viewing 6 posts - 1 through 6 (of 6 total)

drunkenguru
Member
@drunkenguru
Join Date: 2005
Post Count: 4
December 22, 2005 - 4:15 am
Hi all,
I was hoping someone here could help me – my previous tenant has left and my soon-to-be tenant is a friend who has agreed to pay the normal rent. However, I’m thinking of not going through the agent as to avoid fees considering I’ve sourced the new tenant myself.
If I want to get a formal rental agreement in place, what’s the best way to do this without going through an agent? Are there any DIY rental agreement kits available? (I’m in Sydney btw) If there are, are these any good?
Feedback appreciated
Thanks
Mortgage Hunter
Participant
@mortgage-hunter
Join Date: 2003
Post Count: 3,781
December 22, 2005 - 4:28 am
You can buy a lease kit from a newsagent for about $7. It has everything you need in it.
Cheers,
Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
[email protected]
0425 228 985
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
drunkenguru
Member
@drunkenguru
Join Date: 2005
Post Count: 4
December 22, 2005 - 6:10 am
That’s fantastic – will look this afternoon [biggrin]
thecrest
Participant
@thecrest
Join Date: 2004
Post Count: 992
December 26, 2005 - 1:26 pm
Make sure you follow all the instructions to the letter.
If you sign up the person on the lease, ensure you issue them a copy of the free booklet from the Dept Fair Trading about tenancy rights. The leases contain a clause which says something like ….”your rights and obligations as a tenant are contained in the booklet given to you by the landlord etc etc.” If you haven’t issued the booklet, it provides an escape route for bad tenants.
Steep learning curve ahead, proceed carefully.
good luck
cheers
thecrest
thecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Me
selling motels in NSW
Zoro
Member
@zoro
Join Date: 2005
Post Count: 1
December 26, 2005 - 1:58 pm
Mate
I think that the fair trading website has actual free legal templates available for doing exactly what you want to do.
Yeah, it works for NSW.
Hope that helps… It’s pretty standard and has been drafted and can be enforced by the fair trading commission.
Cheers
Ronnie
brahms
Participant
@brahms
Join Date: 2004
Post Count: 485
December 27, 2005 - 2:49 pm
certainly for Qld you can downloand all the relevent forms 4 free – happy days drunkenguru
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbane