Laws & Regulations For Rental Bidding
NSW Fair Trading has continued to introduce new laws and regulations to protect tenants. In this article, we briefly outline the new rules, guidelines as well as penalties for engaging in rental bidding.
NSW Fair Trading has continued to introduce new laws and regulations to protect tenants. In this article, we briefly outline the new rules, guidelines as well as penalties for engaging in rental bidding.
There is more to re-listing your property then just flicking a switch and turning it back on. We’ve devised a ‘Reactivation Checklist’ to make sure you are set up for success!
Selling a property always comes with its own complexities and, if you are a landlord wanting to sell your investment property while it is tenanted, it can be slightly more complicated than normal. There are several significant considerations regarding tenants and appropriate notice periods that must be taken into account before launching any sale campaign for your investment property.
In the last few years NSW Fair Trading has made significant changes to tenancy regulation and leasing terms. Most notably perhaps are the variations made to tenant’s financial obligations when breaking a fixed term lease.
Unlike a fixed term lease agreement, where there is a clear end date to a rental contract, a periodic or rolling lease has no set termination date until notice is given by either the tenant or landlord to conclude the rental.