Landlord Renting Information
Tenant selection
An application coming in for your property is great, and often a relief to know that someone wants your property. But this is just the start of discovering whether their the tenant for you. When processing applications we will :
– Check the tenancy history, including looking through their ledger for previous late payments of rent
– Tenancy and pet references
– Tica check (tenancy data base) and Veda check (credit history check)
– Employment check
– Check the tenancy history, including looking through their ledger for previous late payments of rent
– Tenancy and pet references
– Tica check (tenancy data base) and Veda check (credit history check)
– Employment check
What is a property condition report?
This is a report that is compiled at the commencement of a tenancy prior to your tenant moving into the property. This report outlines the condition of the property at the commencement of the tenancy along with ample amount of photos and is used when the tenant vacates to ensure that the property is left in the same condition. Each item is checked off to make certain that the property is in the same condition as when the tenant took possession. It is at this inspection that any items that need to be rectified by the tenant are identified.
What is a Routine Inspection?
Routine inspections are conducted after a tenant takes possession of the property and are conducted every 3 to 6 months. These inspections are essential to ensure that your property is being maintained to an acceptable standard and to identify any maintenance that may be required. A copy of the routine inspection report is forwarded to you after each inspection and should it be necessary, a member of the Property Management Team will contact you to discuss items noted on the report.
What happens when a tenant stops paying rent?
At Lister Estate Agents we pride ourselves on our communication with both the tenant and the landlord. This is one of our key tools to maintaining a low arrears list.
When a tenant falls more than 5 days into arrears we contact them to find out what is going on. Most of time it is rectified at this point and it doesn’t get further out of hand. If there is an unforeseen circumstance with the tenant, we can work with yourselves and the tenant to arrange a payment plan to get them back on track.
Once a tenant hits more than 14 days, a termination notice is issued. This means all arrears need to be paid up to date within 14 days from the date of termination otherwise they need to vacate the property.
When a tenant falls more than 5 days into arrears we contact them to find out what is going on. Most of time it is rectified at this point and it doesn’t get further out of hand. If there is an unforeseen circumstance with the tenant, we can work with yourselves and the tenant to arrange a payment plan to get them back on track.
Once a tenant hits more than 14 days, a termination notice is issued. This means all arrears need to be paid up to date within 14 days from the date of termination otherwise they need to vacate the property.
How do tenants pay their rent?
Tenants have several options to pay their rent, leaving no excuse for late payments.
How do you receive the rent your tenant pays?
We perform end of month of the second last business day of the months. This means the funds should hit your account on the last day of the month.
All statements and bills can be emailed or posted to you as per your request.
All statements and bills can be emailed or posted to you as per your request.