Fox First Real Estate complies with the recent VIC residential tenancy laws

With the new VIC residential tenancy laws, the team at Fox First Real Estate has adapted quickly to make the adjustment easy for those who own an investment property. Here is a summary of what’s changed:

Rooming & Residential Properties

01.

Renters must have written consent to have a pet in the property. If the rental provider refuses then the renter can apply for a VCAT order on the basis that the rental provider is unreasonable.

02.

A renter can apply for a VCAT order if the agreement is not in writing. As a best practice, the lease is signed as soon as the renter pays rent.

03.

The rental provider or agent must provide another spare set of keys to the renter.

04.

Terminology changes. Landlords are now referred as "Rental Providers". Tenants are now called “Renters”.

05.

Rental increases are allowed once every 12 months.

Notice of Vacate Changes

01.

The rental provider may issue a notice to vacate and apply to VCAT for a possession order if the renter falls into arrears and has not paid within 14 days after the notice to vacate was issued. However, if the renter pays overdue rent within the 14 days after notice to vacate was issued, the notice to vacate is invalidated.

02.

Rental providers cannot issue a 120-day notice to vacate "with no specified reason"

03.

An "end of fixed term tenancy" notice to vacate can only be issued at the end of the lease agreement

04.

A notice to vacate can be issued if there is any form of threat or intimidation to the safety of the neighbours, the rental provider, their contractor or their agent.

05.

Goods that are left behind will be stored in a safe place for 14 days after servicing a notice of "goods left behind" to the renter.

06.

Renters can give 14 day notice to vacate without paying lease break fees in limited circumstances.
For more information: https://www.consumer.vic.gov.au/housing/renting/changes-to-renting-laws/all-changes-in-place-from-july-2020

General upkeep of rental & rooming properties

01.

All properties must remain in good repair.

02.

If property is not up to minimum standards, the renter can terminate before they move in.

03.

The Rental provider must ensure that the property is fitted with energy efficient appliances with good rating. Otherwise, the rental provider is obliged to pay for the costs of water, gas & electricity and contract will be in breach.

04.

Renters who are ready to move-in can request an urgent repair (eg. molds, damp, faulty a/c units). Renters can now pay up to $2500 for an urgent repair, if the repair has not been fixed immediately after reasonable attempts to contact us. If the Renter does pay for urgent repairs, the Renter must be refunded in 7 days.

05.

When renters vacate they must leave the property reasonably clean and allow for fair wear and tear.

06.

All rooming houses and residential properties are now Gas & Electricity certified.

07.

External doors and each window must be fitted with a working deadlock.

08.

Renter of residential properties will receive an electronic or physical copy of Renting-a-home handbook once they pick up their keys for the residential property.

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