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Landlords, Tenants, Renting and Management (Page 5)

Information about renting units

In: Landlords, Tenants, Renting and Management

Contributed By: RTA on

The majority of tenancies run to the end date and beyond, but when a tenant or property owner’s circumstances change, the tenancy agreement may have to end earlier than expected. When a fixed term agreement is ended before the end date without grounds (i.e without sufficient reason), this is a break lease situation and compensation may need to be paid. The Residential Tenancies Authority (RTA) encourages parties to communicate their intention to end the agreement as early as practicable for the best outcome. If the tenant ends a fixed term agreement early, they may have to pay compensation for loss of rent until the tenancyRead More →

In: Insurance, Landlords, Tenants, Renting and Management

Contributed By: Aon on

Here are some of the ways Public Liability Insurance claims can come about. Do small business owners need Public Liability? Public Liability Insurance is a common insurance policy held by business owners. Regardless of your industry, if your business or service involves  interaction with members of the public in person, Public Liability is a policy you are likely to consider. You may not have needed to claim on a public liability insurance policy before but having a policy should a claim against you arise means it may assist with , the cost associated with them, which can be substantial. What Public Liability claims are made againstRead More →

In: Landlords, Tenants, Renting and Management, Real Estate

Contributed By: Sarah Staerk - Ray White on

In a market first, Ray White Surfers Paradise Group (RWSP) has added a management rights (MR) sales arm to their portfolio, with industry leader Craig Cornish taking the helm. The move is the first time a major real estate player has embraced MR in a meaningful way, pointing to a renewed confidence in the sector after the challenges of the pandemic. Ray White Management Rights Sales will leverage the mammoth brand power Ray White, an Australian-owned brand of over 120 years. With more than 1000 offices across six countries, Ray White is the largest real estate group in Australasia, selling more properties than any otherRead More →

In: Landlords, Tenants, Renting and Management, Real Estate

Contributed By: TheOnsiteManager.com.au on

Nary a week goes by that I don’t get asked how to produce a CMA (Slight exaggeration, but I really wanted an excuse to use the word nary). A lot of managers are really struggling with this task, which is a problem because it’s a vital way to win listings. So here’s a super fast 5 minute walk-through that shows you from start to finish, how to do a CMA. Enjoy!Read More →

In: Facilities Management, Landlords, Tenants, Renting and Management

Contributed By: Rental Tenancies Authority on

Mould has become more prevalent than usual in houses across much of Queensland, due to the wet weather we’ve been experiencing in the recent months.   It’s important to remove mould from a rental property as soon as practically possible, as it can pose a health risk to those living in the property if left unchecked.   To help property managers/owners and tenants/residents understand their responsibilities, the RTA has answered some of the most frequently asked questions we receive around dealing with mould in a rental.  What causes mould?   Mould is a type of fungi that grows best in damp and poorly ventilated areas.Read More →

In: Landlords, Tenants, Renting and Management

Contributed By: Rory Scott - REIQ on

The Housing Legislation Amendment Bill 2021 was last year passed by the Queensland Parliament and the REIQ welcomes the improvement from the initial reforms proposed by the government. Key updates: The domestic and family violence provisions came into effect (received assent) on 20 October 2021, but they largely replicate what has already been in place as part of the COVID-19 provisions. Provisions 2 and 3 (outlined below) will come into effect on 1 October 2022. Minimum housing standards (Provision 4 – outlined below) for new tenancy arrangements commence from 1 September 2023 and for all tenancies from 1 September 2024. Although an improvement on the reforms thatRead More →

In: General Interest, Landlords, Tenants, Renting and Management

Contributed By: Resort Brokers on

ResortBrokers Sunshine Coast team has racked up $44 million in Management Rights’ sales in the area in the past financial year alone, including a number of high-profile record deals.Brokers Glenn Millar and Chenoa Daniel sold 26 Management Rights – averaging one every two weeks – and the Sunshine Coast surge shows no signs of waning.Notable sales with total combined asset sales of $ 18,389,770 and total combined real estate (within the sales) – $6,100,000 include: Noosa Pacific – Prime Waterfront Resort – Noosaville51 units in complexSale Price $7,823m – record price for a manager’s unit and record multiplier for Noosaville Maison Noosa – Absolute BeachfrontRead More →

In: General Interest, Landlords, Tenants, Renting and Management

Contributed By: ARAMA on

United we stand, divided we fight! FOR everyone involved in the business of Management and Letting Rights an important maxim is to concentrate on the things that unite us, rather than those that divide us. Because most ARAMA members work and live on-site in close proximity, they are often the target of people’s frustrations, and it can be a very stressful environment. Resident managers are there to create harmony, and not disharmony, but neighbourhood battles can be so toxic that Queensland had to introduce the Neighbourhood Disputes (Dividing Fences and Trees) Act 2011. This was designed to overcome the increasing prevalence of neighbours in theRead More →

In: Landlords, Tenants, Renting and Management, Real Estate

Contributed By: Smiljan Jankovic - Archer Gowland Redshaw on

Whether you’ve newly purchased or have a well-established operation, preparing your Management Rights business for sale is an important scenario to consider in the back of your mind. It’s highly likely as a business owner, you will look to sell at some stage, therefore being informed about what you may need to prepare is an important step in the process. Preparing your Management Rights business for sale is not something that can be done overnight. It is a process that you need to be consciously thinking about from the very beginning when you have first purchased your business, and will often need to be re-evaluated.Read More →

In: Facilities Management, Landlords, Tenants, Renting and Management

Contributed By: Samara Bedwell - REIQ on

Each and every day we as property managers take on the task of ensuring that the properties we manage are fit and safe to live in for the tenants and to ensure minimal risk of liability for our lessors – very rarely do we stop to think about the safety of ourselves. As property managers, we’re responsible for assisting in the provision of a home for these tenants and therefore we become involved in the tenants’ everyday life in one way or another. We are collecting rent from the tenant so that they have a roof over their heads. We are also inspecting the premisesRead More →

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