Residential Renting Checklist

 

For many people, renting property is their first real estate experience. Renting gives you the time you need to save the deposit for your first home and to get a feel of where you want to live. It is also an ideal time to build a relationship with your local agent regarding help in buying your first property in future.

 

• ​Decide where you'd like to live.

• Decide on how much rent you can afford.

• Don't forget other costs like water/gas rates and electricity.

• Check if pets are allowed.

• Check connections such as phone and cable.

• Check access to public transport.

 

Tenant entitlements:

• Check details of the lease such as who pays water rates.

• Check landlords obligation to make essential repairs regarding plumbing, electricity etc.

• Make sure your bond is lodged with rental bond board and you have a receipt.

 

Tenant obligations:

• You will be required to sign a lease.

• Advise agent in writing of any prior damage to the property before moving in.

• Pay a rental bond.

• Pay the rent on time.

• Pay for any agreed outgoings such as water usage etc.

• Keep the property in good order.

• Provide access to the managing agent for agreed property inspections.

• Conform to local council regulations such as noise, garbage collection etc.

• Have all emergency numbers handy for repairs and assistance.

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 Click here to check Department of Fair Trading NSW for helpful information